Lithium-ion batteries

Building a resilient circular battery supply

We're securing sustainable supplies of lithium, cobalt and nickel essential for next generation electric vehicle (EV) battery manufacturing.

Challenge

Our future relies on circular critical metals

EV industry is driving demand

The rapid expansion of the electric vehicle (EV) industry is driving global demand for critical metals like lithium, cobalt, and nickel.

Existing processes are inefficient and unsustainable

Current processes to recover battery metals are energy-intensive, producing high amounts of carbon emissions and often involve unethical labour conditions.

Limited onshore recycling solutions

Majority of black mass from lithium-ion batteries, which contains the critical metals and graphite, is exported for processing into battery-grade materials, losing critical metals and economic value offshore.

a photo outside of the Sydney bio-refinery at twilight
A female worker in a bio-refinery taking notes
project Comet

Demonstration facility operational in the UK by 2027

Mint Innovation is collaborating with industry partners Jaguar Land Rover (JLR), LiBatt Recycling, a subsidiary company of Recyclus Group and WMG of the University of Warwick to lead Project Comet. The goal of the project is to deliver a robust circular commercial solution to strengthen the battery manufacturing supply chain for the UK automotive industry.

Mint is constructing a demonstration facility to deploy our proprietary black mass refining technology to produce lithium, nickel and cobalt - metals critical in the production of EVs. The facility is planned to be operational in 2027.

Our process

Our hydrometallurgy process efficiently recovers value from black mass

What is black mass?

Black mass is a fine, powdery material that remains after lithium-ion batteries are shredded, and structural components and other materials are separated.

Mint processes this material to recover critical metals including lithium, cobalt and nickel to be reused in the battery supply chain.

ELEMENTS

Key metals and minerals in our recycling processes

Filter elements

79

Au

Gold

Primary source: PCBs
Price  = US$76/g

79

Cu

Copper

Primary source: PCBs
Price = US$9.5/kg

47

Ag

Silver

Primary source: PCBs
Price = US$900/kg

78

Pt

Platinum

Primary source: Catalyic Converters
Price = US$31/g

28

Ni

Nickel

Primary source: Lithium Ion Batteries
Price = US$17.62/kg

27

Co

Cobalt

Primary source: Lithium Ion Batteries
Price = US$27.8/kg

3

Li

Lithium

Primary source: Lithium Ion Batteries
Price = US$15.4/kg

50

Sn

Tin

Primary source: PCBs
Price = US$32.17/kg

46

Pd

Palladium

Primary source: Catalytic Converters
Price = US$33.4/g

Prices shown are approximate figures and are prone to change over time*

79

Au

Gold

Primary source: E-waste
1 Ton Circuit Board = US$12,000

79

Au

Gold

Primary source: E-waste
1 Ton Circuit Board = US$12,000

79

Au

Gold

Primary source: E-waste
1 Ton Circuit Board = US$12,000

79

Au

Gold

Primary source: E-waste
1 Ton Circuit Board = US$12,000

79

Au

Gold

Primary source: E-waste
1 Ton Circuit Board = US$12,000

79

Au

Gold

Primary source: E-waste
1 Ton Circuit Board = US$12,000

benefits

Technology future-proofing the UK automotive industry

01

Battery-grade metal salts

Produces battery-grade nickel, cobalt, and lithium salts ready to be inputs into the manufacturing of new batteries.

02

Efficient process

Unlike existing solutions to recycle lithium-ion batteries, Mint's process can recover lithium and graphite.

03

Eliminates waste

Low-value outputs including metal oxides can be used in the local construction industry or refined externally.

04

Lower carbon

Reducing greenhouse emissions by 50-80% compared to current mining practices.

Strategic partnerships

Let's build a better future, together

Get in touch to learn more about strategic partnership opportunities

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