Enables the circular economy
Eliminates cost and emissions associated with transporting materials
Momentum’s differentiated MSX technology comes in a small modular format that not only can be co-located next to where battery waste is produced or collected but also can also be scaled up or down based on the amount of volume.
The exponential growth expected in the use of lithium batteries for electric vehicles and energy storage will result in an enormous number of spent batteries that will need to be disposed of or recycled. Disposal of lithium batteries is a poor substitution to recycling due to the hazardous and valuable components found in the batteries. In fact, some sources estimate that in North America alone there will be north of 400,000 tonnes of end-of-life devices and battery waste that will need to be recycled by 2025. Compare that to a Department of Energy estimate where less than 5% of lithium batteries are recycled, and the world quickly needs a solution. That’s where we step in.
Many of the challenges that come with lithium-ion recycling stem from the fact that the facilities that process them weren’t designed specifically for heterogenous distributed waste.