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Stelco is entering the growing electric vehicle battery recycling market.

 The Hamilton, Ont.-headquartered company has entered into an agreement with Primobius to commercialize its proprietary electric vehicle battery recycling and processing technologies for North America.

“Stelco has reached an agreement that will enable Stelco to create a closed loop system of auto recycling and provision of green steel and battery metals back to its automotive OEM customers,” said Alan Kestenbaum, Stelco executive chairman and CEO. “With this novel approach, Stelco is uniquely positioned to provide the highest quality automotive steels available in North America.

Stelco will be able to recycle end-of-life electric vehicles, convert them into green steel and recover from their batteries high purity metals such as lithium, nickel, cobalt and manganese, Kestenbaum explained.

Stelco says its proposed 20,000 net ton per annum integrated shredding and hydrometallurgical refinery at Lake Erie Works will enable it to become a leading lithium-ion recycler in North America, producing up to 18,400 net tons per annum of nickel, manganese and cobalt sulphates and lithium hydroxide and carbonate. The venture is also expected to generate up to 40,000 net tons per annum of scrap steel to be recycled into Stelco’s steelmaking operations.

“The plant will meet the need for multiple large recycling facilities to manage significant anticipated volumes from end-of-life electric vehicle batteries originating from the world’s fastest growing cell-making region and provide Stelco with the opportunity to build additional processing facilities across North America,” the company said in a release.

Capital costs for the plant are not yet known. They will be based on engineering studies expected to be completed midway through this year.

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