Lithium Australia is investing in the logistical infrastructure necessary to recycle LIBs through a partnership with Envirostream Australia, which supports recycling nationwide and will apply its collection know-how to other jurisdictions in due course.
South Korean battery giant LG Chem has signed a partnership agreement with Australian firm Envirostream for the expansion of local battery recycling facilities to progress its aim of achieving a “closed-loop” economy for its products.
Through the partnership, LG Chem hopes that Australian-based battery recycling facilities will help to boost Australia’s low rates of recovery of discarded battery materials, as well as eliminating the need for used batteries to be shipped to be shipped overseas for processing.
Li-Ion battery recycling is seen as a vital element of business growth in the OPE domain, as both manufacturers and end users are increasingly concerned about end-to-end product life. Envirostream recycles approximately 95 per cent of all waste material. “Our processing equipment mechanically and pneumatically extracts the copper, aluminium and steel, which are sold on national markets,” John explained.
Australia currently has one of the worst rates for battery recycling in the developed world, and with lithium-ion power equipment sales increasing, Australia is yet to rise to this waste challenge. John Polhill, National Development Manager at Envirostream, explains.
Is your business based in Victoria and you’re wondering how to deal with the new ban on batteries going to landfill? Envirostream is here to help and is paving the path for others to follow.