Norway joint venture for EV battery recycling
Battery maker Northvolt has teamed up with aluminium producer Hydro on joint venture to recycle batteries from electric vehicles (EVs) in Norway.
The EV battery recycling venture, called Hydro Volt, will start in 2021 to reuse battery materials and aluminium.
The joint venture in in Fredrikstad, Norway, follows an investment in Northvolt by Hydro in 2019 and further strengthens the partnership between the battery manufacturer and the aluminium company, which is based around advancing circular industry technologies and material flows.
Hydro Volt will start operations with a feed of batteries coming from the Norwegian EV market. The highly automated recycling hub will process more than 8 000 tons of batteries in the early stages of the launch with capacity being expanded over time. Material output from the recycling processes in Fredrikstad will include so-called ‘black mass’ and aluminium, which will be transported to Northvolt’s and Hydro’s recycling plants respectively.
The deal follows a similar three way EV battery recycling schme in Finland: THREE TEAM FOR RECYCLING CLUSTER IN FINLAND
“Northvolt has set a target for 50 percent of our raw material in 2030 coming from recycled batteries. The partnership with Hydro is an important piece of the puzzle to secure an external feed of material before our own batteries begin returning back to us,” said Emma Nehrenheim, Chief Environmental Officer responsible for the Revolt recycling business unit at Northvolt.
Through the Revolt project, Northvolt seeks to reduce the need for mining raw materials, improve security of supply and lower the environmental footprint of cells by reducing mining-related emissions. This target will be secured through a phased build-up in recycling capacity, starting with the launch of a pilot plant later this year followed by the establishment of a full-scale recycling plant at the Northvolt Ett gigafactory for lithium-ion batteries in Skellefteå, Sweden, in 2022.
“We are excited about the opportunities this represents. Hydro Volt can handle aluminium from end-of-life batteries as part of our total metal value chain, contribute to the circular economy and at the same time lessen the climate footprint from the metal we supply,” said Arvid Moss, Executive Vice President for Energy and Corporate Development at Hydro.
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