Battery X Metals Announces Amended Agreement with Global Top 20 Ranked University to Accelerate Eco-Friendly Battery-Grade Material Recovery Technology
Battery X Metals has extended its collaboration with a global Top 20 ranked university to advance its proprietary eco-friendly battery-grade material recovery technology. The partnership, effective from August 1, 2024, to June 30, 2025, focuses on optimizing a froth flotation process for recovering critical materials like graphite, lithium, nickel, and cobalt from black mass.
This technology aims to address the growing demand for lithium-ion battery materials, projected to surge by 670% by 2030, while reducing environmental impact. Unlike traditional recycling methods, Battery X Metals' approach avoids leaching agents, smelting, or breaking down metal oxides, preserving essential materials for EV battery production and clean energy applications.
The collaboration includes a CAD $56,350 payment from Battery X Metals to support ongoing research. The company retains a non-exclusive license to use any joint intellectual property developed during the partnership.
Battery X Metals ha ampliato la sua collaborazione con un'università globale classificata tra le prime 20 al mondo per avanzare la sua tecnologia di recupero di materiali per batterie ecologici. La partnership, attiva dal 1 agosto 2024 al 30 giugno 2025, si concentra sull'ottimizzazione di un processo di flottazione a schiuma per recuperare materiali critici come grafite, litio, nichel e cobalto dalla massa nera.
Questa tecnologia mira a rispondere alla crescente domanda di materiali per batterie agli ioni di litio, prevista in aumento del 670% entro il 2030, riducendo al contempo l'impatto ambientale. A differenza dei metodi di riciclaggio tradizionali, l'approccio di Battery X Metals evita agenti di lisciviazione, fusione o disgregazione degli ossidi metallici, preservando materiali essenziali per la produzione di batterie per veicoli elettrici e applicazioni di energia pulita.
La collaborazione prevede un pagamento di CAD $56,350 da parte di Battery X Metals per sostenere la ricerca in corso. L'azienda mantiene una licenza non esclusiva per utilizzare qualsiasi proprietà intellettuale congiunta sviluppata durante la partnership.
Battery X Metals ha ampliado su colaboración con una universidad global clasificada entre las 20 mejores del mundo para avanzar en su tecnología de recuperación de materiales ecológicos para baterías. La asociación, que será efectiva desde el 1 de agosto de 2024 hasta el 30 de junio de 2025, se centra en optimizar un proceso de flotación por espumas para recuperar materiales críticos como grafito, litio, níquel y cobalto de la masa negra.
Esta tecnología tiene como objetivo abordar la creciente demanda de materiales para baterías de iones de litio, que se prevé que aumente un 670% para 2030, al tiempo que reduce el impacto ambiental. A diferencia de los métodos de reciclaje tradicionales, el enfoque de Battery X Metals evita agentes de lixiviación, fundición o descomposición de óxidos metálicos, preservando materiales esenciales para la producción de baterías de vehículos eléctricos y aplicaciones de energía limpia.
La colaboración incluye un pago de CAD $56,350 por parte de Battery X Metals para apoyar la investigación en curso. La empresa conserva una licencia no exclusiva para utilizar cualquier propiedad intelectual conjunta desarrollada durante la asociación.
Battery X Metals는 글로벌 상위 20위 대학과의 협력을 확대했습니다하여 자사의 친환경 배터리 원료 회수 기술을 발전시키기 위해 노력하고 있습니다. 이 파트너십은 2024년 8월 1일부터 2025년 6월 30일까지 유효하며, 거품 플로타이션 공정을 최적화하여 블랙 매스에서 흑연, 리튬, 니켈, 코발트와 같은 주요 자재를 회수하는 데 중점을 둡니다.
이 기술은 2030년까지 약 670% 증가할 것으로 예상되는 리튬 이온 배터리 재료 수요에 대응하면서 환경적 영향을 줄이는 것을 목표로 합니다. 전통적인 재활용 방법과 달리, Battery X Metals의 접근 방식은 용출제, 제련 또는 금속 산화물 분해를 피하여 전기차 배터리 생산 및 청정 에너지 응용을 위한 필수 자재를 보존합니다.
이 협력에는 Battery X Metals가 진행 중인 연구를 지원하기 위해 CAD $56,350를 지불하는 것이 포함됩니다. 회사는 파트너십 기간 동안 개발된 모든 공동 지적 재산을 사용할 수 있는 비독점 라이센스를 보유합니다.
Battery X Metals a étendu sa collaboration avec une université mondiale classée parmi les 20 meilleurs pour faire progresser sa technologie de récupération de matériaux pour batteries écologiques. Le partenariat, effectif du 1er août 2024 au 30 juin 2025, se concentre sur l'optimisation d'un processus de flottation par mousse pour récupérer des matériaux critiques tels que graphite, lithium, nickel et cobalt à partir de masse noire.
Cette technologie vise à répondre à la demande croissante de matériaux pour batteries lithium-ion, qui devrait augmenter de 670 % d'ici 2030, tout en réduisant l'impact environnemental. Contrairement aux méthodes de recyclage traditionnelles, l'approche de Battery X Metals évite les agents de lixiviation, la fusion ou la décomposition des oxydes métalliques, préservant ainsi des matériaux essentiels pour la production de batteries de véhicules électriques et les applications d'énergie propre.
La collaboration comprend un paiement de CAD $56,350 de Battery X Metals pour soutenir la recherche en cours. L'entreprise conserve une licence non exclusive pour utiliser toute propriété intellectuelle développée conjointement pendant le partenariat.
Battery X Metals hat seine Zusammenarbeit mit einer globalen Universität, die zu den Top 20 gehört, erweitert, um seine umweltfreundliche Technologie zur Rückgewinnung von Batteriematerialien voranzutreiben. Die Partnerschaft, die vom 1. August 2024 bis zum 30. Juni 2025 wirksam ist, konzentriert sich auf die Optimierung eines Schaumflotationsprozesses zur Rückgewinnung kritischer Materialien wie Graphit, Lithium, Nickel und Kobalt aus schwarzer Masse.
Diese Technologie zielt darauf ab, der wachsenden Nachfrage nach Lithium-Ionen-Batteriematerialien gerecht zu werden, die voraussichtlich bis 2030 um 670% steigen wird, und gleichzeitig die Umweltauswirkungen zu verringern. Im Gegensatz zu herkömmlichen Recyclingmethoden vermeidet der Ansatz von Battery X Metals Auslaugungsmittel, Schmelzen oder den Abbau von Metalloxiden, wodurch essentielle Materialien für die Produktion von Elektrofahrzeugbatterien und Anwendungen im Bereich der sauberen Energie erhalten bleiben.
Die Zusammenarbeit beinhaltet eine Zahlung von CAD $56,350 von Battery X Metals zur Unterstützung der laufenden Forschung. Das Unternehmen behält sich eine nicht-exklusive Lizenz zur Nutzung aller während der Partnerschaft entwickelten gemeinsamen geistigen Eigentumsrechte vor.
- Extended collaboration with a top-ranked university to advance proprietary technology
- Potential to recover critical battery materials efficiently and sustainably
- Alignment with growing demand for lithium-ion battery materials (670% surge by 2030)
- Eco-friendly process potentially reducing environmental impact and energy consumption
- Non-exclusive license retained for joint intellectual property developed
- Technology still in research and development phase at lab scale
- No projected recovery rates or specific performance details available yet
- Financial commitment of CAD $56,350 for ongoing research with uncertain outcomes
News Release Highlights:
Extended Research Partnership with Global Top 20 Ranked University: Battery X Metals has amended and extended its collaboration with a global Top 20 ranked university to advance the development of its proprietary eco-friendly battery-grade material recovery technology.
Proprietary Eco-Friendly Battery-Grade Material Recovery Technology: The collaboration focuses on optimizing Battery X Metals' proprietary eco-friendly froth flotation process, a sustainable and energy-efficient method for recovering critical battery-grade materials such as graphite, lithium, nickel, and cobalt from black mass. This technology aims to enhance battery-grade material recovery while reducing environmental impact and energy consumption.
Commitment to Clean Energy Transition & Sustainability: Battery X Metals' innovative lithium-ion battery recycling technology aligns with global efforts for cleaner energy by ensuring a steady supply of critical battery materials essential for electric vehicle (EV) battery production. This eco-friendly process supports both sustainability and economic growth in the clean energy transition.
VANCOUVER, BC / ACCESSWIRE / September 24, 2024 / Battery X Metals Inc. (CSE:BATX)(OTCQB:BATX)(FSE:R0W, WKN:A3EMJB) ("Battery X Metals" or the "Company") is pleased to announce that its wholly-owned subsidiary, Battery X Recycling Technologies Inc., has entered into an amended research collaboration agreement (the "Agreement") with a global Top 20 ranked university (the "University"). As one of North America's largest and most advanced centers for mining engineering education and research, the University's Institute of Mining Engineering will collaborate to further advance the company's proprietary battery-grade material recovery technology. This Agreement, effective August 1, 2024, extends the partnership through June 30, 2025.
The Problem
The global shift toward electrification is driving the clean energy transition, with lithium-ion batteries playing a central role in reducing reliance on fossil fuels1. Lithium-ion battery demand is projected to surge by
The Solution
Battery X Metals aims to address this critical need with its proprietary froth flotation technology, which is being developed to recover essential battery-grade materials, such as graphite, lithium, nickel, cobalt, manganese, and copper, from the residual material of end-of-life lithium-ion batteries, known as "black mass," a highly sought-after resource. The Company, in collaboration with the University, is working to validate this technology for the efficient recovery of graphite and oxides from black mass, with the intent to commercialize it upon successful validation.
Whereas, traditional battery recycling methods, such as hydrometallurgy and pyrometallurgy, affect graphite and metals differently. In hydrometallurgical processes, leaching agents dissolve metals like cobalt, nickel, and lithium for recovery. However, graphite, being non-metallic, is often left behind or degraded during the process, making its recovery both challenging and costly5,6. Additionally, hydrometallurgy can break down metal oxides into ionic forms, meaning an extra step is required to reconstitute the oxides for reuse if needed6,7. In pyrometallurgical processes, high-temperature smelting is employed, where graphite is burned off entirely, which makes its recovery impossible5,8. Moreover, pyrometallurgy reduces metal oxides to pure metal, necessitating a further oxidation step if oxide recovery is required7,9. While these methods efficiently recover metals such as cobalt and nickel, other valuable materials, including lithium and aluminum, are often lost in the slag, limiting their recoverability7,8.
Battery X Metals is focused on recovering critical battery materials in a sustainable way, avoiding the use of leaching agents, smelting, or breaking down metal oxides. This approach aims to ensure the preservation and availability of essential materials, such as graphite, lithium, lithium, nickel, cobalt, manganese, and copper, for electric vehicle (EV) battery production and other clean energy applications. By bypassing the environmentally harmful impacts associated with traditional recycling methods, Battery X Metals aims to address the growing demand for lithium-ion battery materials while significantly reducing the environmental footprint and energy consumption of the recycling process.
Battery X Metals' Commitment to a Clean Energy Future
"Our ongoing collaboration with the University, one of North America's largest and most advanced centers for mining engineering education and research, remains a cornerstone of our strategy to develop sustainable, innovative solutions for the lithium-ion battery recycling industry," said Massimo Bellini Bressi, CEO of Battery X Metals. "This amended agreement brings us closer to validating our proprietary eco-friendly technology for recovering critical battery-grade materials, contributing to the EV revolution and clean energy transition."
Collaboration Objectives & Approach
The collaboration between Battery X Metals and the University aims to develop, optimize, and validate the proprietary froth flotation process. This eco-friendly technology is designed to recover critical battery-grade materials, including graphite, lithium, nickel, cobalt, manganese, and copper, from black mass. The process aims to recover spherical graphite and preserve metals in their oxide forms, enabling their seamless reintegration into the battery manufacturing supply chain. Currently in the research and development phase at lab scale, the Company plans to provide updates on projected recovery rates and other relevant details as the research progresses. With the timing of this Agreement coinciding with the start of the school season, the Company anticipates imminent progress and will share updates accordingly.
At present, progress has been made in the research of black mass recycling. Key methodologies, such as particle size distribution (PSD), Zeta potential, and flotation tests, have been conducted on multiple black mass samples provided by Battery X Metals throughout the duration of the study and revealed distinct behaviors, with one sample exhibiting favorable characteristics for larger-scale processing. The research underscores the importance of particle behavior and surface chemistry in optimizing recycling processes, with ongoing refinement of flotation techniques using different collectors.
The University's research team aims to further enhance the technology development by conducting individual flotation tests on each component to further refine the separation process, leveraging the insights from Zeta potential measurements.
This partnership underscores the potential for continuous innovation in sustainable battery material recovery processes, contributing to both environmental sustainability and the broader clean energy transition.
Payment and Intellectual Property Terms
As part of the Agreement, Battery X Metals will provide a total of CAD
CAD
$20,000 upon signing the amendment (already paid)CAD
$20,000 b y September 1, 2024 (already paid)CAD
$16,350 b y October 1, 2024
Under the Agreement, and upon receipt of payments above, Battery X Metals retains a non-exclusive, non-transferable, royalty-free license to use any joint intellectual property developed during the collaboration. In addition, Battery X and the University grant the other a reciprocal non-exclusive, non-transferable, royalty-free license to use and exploit the intellectual property developed by the other party during the contract period in the performance of the project for any commercial or non-commercial purposes.
1 EnergyX
2 McKinsey & Company
3 CAS
4 Mining Review Africa
5 MDPI (1)
6 MDPI (2)
7 MDPI (3)
8 MDPI (4)
9 MDPI (5)
About Battery X Metals Inc.
Battery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:R0W, WKN:A3EMJB) is committed to advancing North America's clean energy transition through the development of proprietary technologies and domestic battery and critical metal resource exploration. The Company focuses on extending the lifespan of electric vehicle (EV) batteries, through its portfolio company, LIBRT1, recovering battery grade metals from end-of-life lithium-ion batteries, and exploring domestic battery and critical metals resources. For more information, visit batteryxmetals.com.
On Behalf of the Board of Directors
Massimo Bellini Bressi, Director
For further information, please contact:
Massimo Bellini Bressi
Chief Executive Officer
Email: mbellini@batteryxmetals.com
Tel: (604) 741-0444
Disclaimer for Forward-Looking Information
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "anticipates," or "believes," or variations of such words and phrases, or statements that certain actions, events, or results "may," "could," "should," "would," or "occur." These statements and information are not historical facts but reflect the Company's current beliefs, expectations, or intentions regarding future events. Forward-looking information in this news release includes, among other things, statements regarding the development and commercialization of Battery X Metals' proprietary froth flotation technology, the potential of the technology in the lithium-ion battery and mining industries, and the expected benefits of the extended research collaboration. In making the forward-looking statements in this release, the Company has applied several material assumptions, including but not limited to, the assumption that the Company will meet its development and commercialization goals, the continued support from research and industry partners, and the ability of the Company to finance its operations. Although management believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on these forward-looking statements and information as there can be no assurance that they will prove to be accurate. Actual results may differ materially from those expressed or implied in such statements. The Company does not undertake any obligation to update forward-looking information, except as required by applicable securities laws.
SOURCE: Battery X Metals
View the original press release on accesswire.com
FAQ
What is the focus of Battery X Metals' (BATX) collaboration with the university?
How long is the extended research agreement between Battery X Metals (BATX) and the university?
What is the projected growth in lithium-ion battery demand according to the Battery X Metals (BATX) press release?
How much is Battery X Metals (BATX) paying for the university collaboration?
