Disruptive new technology to recycle Li-ion batteries and rare earth magnets
Developed at Oak Ridge National Laboratory, with funding from the US DoE’s Critical Materials Institute, Momentum is commercialising a Membrane Solvent Extraction (“MSX”) technology, which recovers high-purity metal streams from waste products at low energy and cost.
- MSX technology recycles all metals in Li-ion batteries and rare earth elements from magnets
- Technology is modular and can be co-located directly at the collection site thereby significantly lowering capital and operating costs
- 99.9%+ purity products produced relative to 95% in existing recycling processes, which facilitates premium pricing and lower GHG emissions
High recovery rates, minimal waste and modular technology make it suitable for rapid scaling to cater for the growing demand for battery recycling
Momentum’s process decreases CO2 emissions by 75% relative to the primary mining of metals