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Contributor: PR Newswire Asia (Hong Kong)
Friday, May 13 2022 - 16:20
AsiaNet
ACE Green Recycling To Roll Out Four New Lithium-ion Battery Recycling Facilities Worldwide
BELLEVUE,Wash.,May13,2022/PRNewswire-AsiaNet/--

Global deployment of proprietary emissions-free recycling technology to add 
over 30,000 tonnes of annual recycling capacity in move towards global 
electrification


US-based recycling technology company, ACE Green Recycling 
(ACE)(https://www.acegreenrecycling.com/) announces its plans to build and 
operate four new lithium-ion battery recycling facilities with a planned total 
annual capacity of over 30,000 tons. The four locations will tap into 
previously underserved recycling markets and provide regional markets with an 
emissions-free, carbon-neutral recycling solution to support the global 
adoption of lithium-ion batteries. Lithium-ion batteries are currently employed 
in most of the world's portable electronic devices and electric vehicles, as 
well as potentially serving as grid energy storage solutions.

ACE is currently planning for facilities in Thailand, India, and USA, with 
planned capacities of 10,000 tons between India and Thailand and 20,000 tons in 
the USA. Operations in India are expected to commence by the third quarter of 
2022 with initial processing capacity of 1800 tons per year, while Thailand and 
USA would come online in 2023 with full operational capacity planned to be 
achieved across all facilities by 2025.

ACE recently announced its flagship combined lead-acid and lithium-ion battery 
recycling park in Texas, USA. With the announcement of plans to simultaneously 
set-up facilities in Asia, ACE is working towards being a global player for 
Li-ion battery recycling. The company will be deploying its proprietary 
hydrometallurgical recycling process that combines a completely emissions-free, 
low temperature process with market-leading recovery rates in excess of 98%. 
ACE can also successfully reclaim valuable metals like  copper and aluminum , 
while also being able to handle a wide variety of the world's most utilized 
lithium-ion battery chemistries. In line with its environmental ethos, the 
process also produces zero toxic solid waste or effluent.

In addition to copper and aluminum, materials recovered also include a variety 
of sulphates and carbonates of cobalt, manganese, and nickel, all of which 
leave ACE's facility "user-ready" for use in the next generation of lithium-ion 
batteries.

"With the set-up of these four new facilities we would strategically leverage 
our global supply chain experience to not only cater to the North American 
markets but also Asia where we have a very strong on the ground experience and 
existing relationships," said Nishchay 
Chadha(https://www.linkedin.com/in/nishchay-chadha-9855475/), ACE's Co-Founder 
and Chief Executive Officer. ACE is already in discussions with potential 
partners for various battery waste supply  and product off-take arrangements to 
guarantee a steady inflow of recyclable batteries and a ready customer for its 
market-grade battery materials.

When fully operational, ACE expects to provide up to 100 direct and indirect 
jobs to the local economy.

While the global market for lithium-ion battery recycling currently remains 
relatively low, key OEMs, EV manufacturers, and strategic investors remain 
bullish on the need for a sustainable and environmentally responsible recycling 
solution  due to three key reasons.

The exponential growth in the adoption of lithium-ion batteries – from the 
already ubiquitous portable electronic devices to the widespread and growing 
popularity of electric vehicles – is heralding an unprecedented uptick in 
demand. Further, government mandates for "producer responsibility" require 
battery manufacturers to rapidly identify sustainable recycling solutions which 
can minimize the overall environmental footprint of battery manufacturing. With 
the continual fragility of global supply chains  causing extreme price shocks , 
players across the value chain(s) are looking to diversify their sources of 
battery materials away from regions of heightened political instability.

"By providing a zero emissions lithium-ion battery recycling solution, ACE 
solves all of these concerns and provides the necessary supply chain 
localization and reliability of the valuable battery materials. Global scale up 
of our technology will provide vital support for a sustainable electrification 
of mobility and manufacturing." said Dr Vipin 
Tyagi(https://www.linkedin.com/in/vtyagiverdeen), Co-founder and Chief 
Technology Officer of ACE.

ACE will deploy its capital and collaborate with several strategic and 
financial investors to set up the envisioned facilities.

ACE is already a leading pioneer in the hydrometallurgical recycling of 
lead-acid batteries, having already deployed its technology on a commercial 
scale with leading recyclers and industry players with many new facilities set 
to come online across Asia, Europe, and the Middle East by early 2023.

About ACE Green Recycling Inc

ACE Green Recycling is an American green recycling technology company with 
global operations across Southeast Asia and India. The company has successfully 
commercialized its proprietary recycling process for used lead-acid batteries 
that releases no greenhouse gas emissions and is currently scaling up its 
zero-emission technology to recycle lithium-ion batteries. ACE is also 
simultaneously working on clean technology solutions for other metallic waste 
streams. The team behind ACE has decades of recycling, technology and scrap 
supply chain experience, making them poised to become a leader in global 
recycling.

For media enquiries, please contact:

Regina Soejanto
Superminted Pte Ltd
regina.soejanto@superminted.com
Tel: +(65) 9430 7744

ACE Green Recycling
communications@ace-green.com

SOURCE:  ACE Green Recycling

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Recycling Facilities Worldwide.

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