
Megan Brief:
Battery recycling initiatives from Princeton NuEnergy and Nth Cycle are among seven projects receiving grants from the U.S. Department of Energy. The department announced up to $500 million for projects meant to boost critical mineral processing and recycling capacity last week.
Princeton NuEnergy, a lithium-ion battery recycling and cathode manufacturing company, will receive up to $50 million to help build a demonstration facility in Georgia to “recover and rejuvenate” nickel from cathode material in battery manufacturing scrap.
Nth Cycle, a critical minerals refining company, was awarded up to $100 million. It plans to build a commercial-scale facility to refine up to 24,000 metric tons of black mass a year from end‑of‑life lithium‑ion batteries and manufacturing scrap.
The Trump Administration further accelerated that effort when it announced a one-year ban on exporting black mass, created by shredding spent lithium-ion batteries and containing a mix of critical minerals such as lithium, cobalt, nickel, and others. That ban goes into effect on August 27.
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