Heritage Battery Recycling Plans Eloy, Arizona, Lithium-ion Recycling Plant
09/30/2022
The facility, an existing building that will be expanded to 75,000-square-feet, will process lithium-ion end-of-life batteries and battery manufacturing scrap, with additional services including disassembly, sorting, warehousing, and diagnostic testing. Product will serve as a raw material feedstock to provide battery grade salts for new cathode and battery manufacturing, such as Nickel, Cobalt, Manganese and Lithium.
“The lithium-ion battery market is expected to grow exponentially over the next several years, with a projected market size approaching $25 billion by 2028,” said David Klanecky, President and CEO, Cirba Solutions. “Federal incentives for the purchase of EVs, requirements for domestic EV battery manufacturing included in the Inflation Reduction Act, and state requirements like California’s recent move to require all new vehicles sold in the state to be zero-emission by 2035, ensure that lithium-ion battery recycling will be critical for auto-manufacturers to meet demand and have a sustainable future.”
This facility is expected to process enough battery material to support 50,000 EVs annually and is planned to be in operation mid-2023. The sitr complements Cirba Solutions’ existing presence in Arizona and strategically positions it to boost collection and processing regionally for North America's West Coast end-of-life collection and EV battery manufacturing facilities.
"This new EV battery recycling facility bolsters Arizona’s vibrant battery and electric vehicle supply chain and furthers Arizona’s reputation as an epicenter for lithium batteries,” noted Sandra Watson, President and CEO of the Arizona Commerce Authority (ACA). “The innovative facility will produce battery materials to support the continued growth of electric vehicle manufacturers across Arizona and the United States. Arizona continues to be a magnet for technology and advanced industries.”
Battery recycling is helping close the critical materials supply gap needed to support the increased electric vehicle (EV) and lithium-ion battery manufacturing in the US, while also increasing access to recycled content for batteries.
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