Turning pCAM into Profit: Investing in a Domestic Supply Chain
The United States currently exports waste battery materials to Asia or convert the waste to the sulphates of Nickel, Cobalt and Manganese which are also shipped to Asia, where it is turned into pCAM and then exported back to the United States. This costly and inefficient process is logistically complex and exposes the material to potential tariffs and geopolitical risks. There is a growing movement to onshore the production of pCAM to the United States and to increase domestic battery recycling capabilities. With the rise in EV manufacturing and the battery belt growing, both the public and private sectors should actively invest in a domestic, circular supply chain for batteries with recycling integrated into the entire process to come out ahead of the rest of the world.
Onshoring pCAM domestic supply chains makes sense for business and the wider American economy. With a domestic, circular economy, manufacturers spent less money on shipping costs, avoiding potentially high tariffs and unpredictable changes in foreign governments ’policies. Additionally, it reduces the need for critical mineral mining and utilizes spent materials, creating an additional revenue stream for manufacturers and more jobs for Americans. All these benefits translate to a reduced battery manufacturing and recycling carbon footprint.
The U.S. and European markets need to create their own domestic supply chains to stay ahead of the curve and be ready for when battery recycling takes off, an industry already projected to be worth over $17 billion by 2030.
Green Li-Ion Gets You Ahead of the Curve
A Green Li-ion client will soon activate an installation at a recycling facility in Atoka, Oklahoma, making it the first pCAM producer on U.S. soil. Rather than sending black mass overseas, American battery makers will be able to remanufacture batteries at home, kickstarting the domestic supply chain. Green Li-ion technology is made to be flexible antimodular, designed to fit into pre-existing factories and integrate into every part of the recycling process. A new, domestic source of pCAM is a required component of future recycling supply chain success in the U.S., and Green Li-ion is proud to be the first to provide the technology that makes it possible.
About Green Li-ion
Green Li-ion is revolutionizing the energy storage industry with clean technology that fully remanufactures spent lithium-Ion batteries and waste. To find out more, visit the Green Li-ion website.