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Battery X Metals has extended its collaboration with a global Top 20 ranked university to advance its proprietary eco-friendly battery-grade material recovery technology. The partnership, effective from August 1, 2024, to June 30, 2025, focuses on optimizing a froth flotation process for recovering critical materials like graphite, lithium, nickel, and cobalt from black mass.
This technology aims to address the growing demand for lithium-ion battery materials, projected to surge by 670% by 2030, while reducing environmental impact. Unlike traditional recycling methods, Battery X Metals' approach avoids leaching agents, smelting, or breaking down metal oxides, preserving essential materials for EV battery production and clean energy applications.
The collaboration includes a CAD $56,350 payment from Battery X Metals to support ongoing research. The company retains a non-exclusive license to use any joint intellectual property developed during the partnership.
Battery X Metals (CSE:BATX) and its portfolio company LIBRT attended the Everything Electric Canada 2024 show, a leading event for home energy and electric vehicles. Battery X Metals focuses on extending EV battery life and recovering battery-grade metals from end-of-life lithium-ion batteries. The company is developing a proprietary froth flotation separation process for eco-friendly metal recovery. LIBRT specializes in EV battery diagnostics and renewal technologies, addressing the growing need for battery maintenance as EV adoption increases.
At the event, both companies showcased their innovative technologies, receiving strong interest from industry experts. This engagement reinforces Battery X Metals' position in battery recycling and LIBRT's role in extending lithium-ion battery life. The companies aim to leverage the connections made at the event to accelerate commercialization and distribution of their technologies.