Power Global signs MoUswith PositivEnergy and Redivivus

Power Global has signed MoUs with PositivEnergy and Redivivus for recycling oflithium-ion batteries.

When electric vehicle (EV) and stationary storage battery modules of Power Global will reach their end-of life, Redivivus will reclaim up to 92 per cent of materialscost-effectively, and recirculate and reprocess chemical reagents for direct reuse in the recycling process. Presently, the lithium-ion battery recycling processes require high-temperature melting-and-extraction or single-use chemical processes which generates a significant waste stream. The novel no-burn, hybrid process of Redivivus, Redi-Cycle technology, recovers battery materials for secondary markets, reducing the reliance on metal mining.