- Battery X Metals (CSE:BATX) has achieved a series of significant developments and milestones in battery recycling research and technology
- The company acquired end-of-life lithium-ion batteries and processed them through a meticulous discharging and shredding process, resulting in the creation of a high-value finished product known as black mass
- The Vancouver-based company began a joint development partnership with the University of British Columbia to advance battery recycling technology
- Battery X Metals Inc. opened trading at $0.11 per share
Battery X Metals (CSE:BATX) has achieved a series of significant developments and milestones in battery recycling research and technology.
One of the most significant of those milestones is that it had acquired end-of-life lithium-ion batteries and processed them through a meticulous discharging and shredding process, resulting in the creation of a high-value finished product known as black mass.
Black mass is the material remaining once spent lithium-ion batteries are shredded, and all casings have been removed. This material contains elements like nickel, cobalt, manganese, copper, lithium and graphite that can be recycled to produce new lithium-ion batteries.
The Vancouver-based company began a joint development partnership with the University of British Columbia to advance battery recycling technology.
Recent additions to the team are Alain Moreau as exploration manager of Lithium Properties and Brodie Gunning joins as senior manager of battery recycling.
Battery X Metals Inc. is focused on the exploration of critical mineral property assets, such as batteries and precious metals, and developing battery recycling technology to support sustainable and environmentally friendly energy solutions. The company’s Opatica Lithium Project is in Québec’s James Bay region. The company also holds ownership of gold exploration properties in Ontario’s Red Lake Mining District, strategically located near Kinross Gold’s Sobel property. The company’s wholly owned subsidiary, Battery X Recycling Technologies Inc., is engaged in developing technologies for refining battery metals and facilitating urban mining from spent lithium-ion batteries.
Battery X Metals Inc. opened trading at $0.11 per share.
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