Lithium-ion batteries play a significant role in electrification by enabling the transition to clean energy and the growth of e-mobility. With a growing number of devices running on electricity, we are facing a new challenge. The growing need for batteries consumes enormous amounts of critical metals, such as cobalt, lithium, manganese and nickel. If we run out of these valuable materials, we can bid farewell to further electrification.
As pioneers of electrification based on renewables, this is a challenge we need to resolve. That’s why we at Fortum have developed solutions to extend the battery life-cycle, as well as developed a safe and sustainable way to recycle the majority of the materials used in batteries. Once recovered, the valuable materials can then be returned back to the production of new batteries.