Major part of my portfolio has the following:
TLS going to Tech and involved in wind farms, these will need battery storage. EV’s are the other area raised so I go to my other share.
CXO newest producer in Australia for LITHIUM located in Darwin with sound financing and all approvals in place, production starts same time as TLS moves into energy.
Can lithium-ion batteries be reused?
The race to recycle Friday 21 August 2021
“When a battery really is at the end of its use, then it’s time to recycle it,” Pennington said.
There is big momentum behind lithium-ion battery recycling. In its impact report, published in August, Tesla announced that it had started building recycling capabilities at its Giga factory in Nevada to process waste batteries.
Nearby Redwood Materials, founded by the former Tesla chief technology officer JB Straubel, which operates out of Carson City, Nevada, raised more than$700m in July and plans to expand operations. The factory takes in dead batteries, extracts valuable materials such as copper and cobalt, then sends the refined metals back into the battery supply chain.
All the components of a Li-ion battery have value and can berecovered and reused.
(20min delay)