SINGAPORE BATTERY PLANT CAN EXTRACT METALS WITH 99% PURITY
Electronics recycler TES has opened a new battery recycling facility capable of treating 14 tonnes of lithium-ion batteries in Tues, Singapore.
The EUR 18.6 million (US$ 22 million) company expansion is part of a major investment in two facilities, the other which has been constructed in Grenoble, France.
The new site is able to recover more than 90% of precious metals from lithium-ion batteries for reuse in battery production; lithium and cobalt can be extracted with a 99% purity. TES CEO Gary Steele says the facility will process no less than 280 000 smartphone batteries on a daily basis.