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CoReco SIGNED

Cost competitive process for recycling Cobalt from end of life Li-ion batteries

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

CoReco project word cloud

Explore the words cloud of the CoReco project. It provides you a very rough idea of what is the project "CoReco" about.

battery smelting trend 98 critical steeply subsequent tons competitive industry ton solutions iron kg 30 million 2022 price ni global contained ev 2025 lithium source batteries residue opex projected hev mitigate unsustainable manufacturing co capex hybrid lack purity carbonates unparalleled raw manganese blown recovery copper 200 compactness disposed market competing republic solution congo expense demand respectively 99 black imports amount recycling nickel steep compact reuse democratic dependence reduce li players efficient lib fluctuating units extra recover purification industrial secondary cobalt uses technologies cor gt coreco cu mn 600 electric political industrially spent vehicles 60 innovative special plant rotary material instability reactor ion foreseen companies 25 converter lt hydrometallurgical mass metals waste single

Project "CoReco" data sheet

The following table provides information about the project.

Coordinator	ECOMET REFINING SRL Organization address address: VIA DELL'INDUSTRIA 17-19 city: SPINO D'ADDA CR postcode: 26016 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Italy [IT]
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.3. (PRIORITY 'Societal challenges) 2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs) 3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
Code Call	H2020-SMEInst-2018-2020-1
Funding Scheme	SME-1
Starting year	2019
Duration (year-month-day)	from 2019-06-01 to 2019-11-30

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	ECOMET REFINING SRL ECOMET REFINING SRL Organization address address: VIA DELL'INDUSTRIA 17-19 city: SPINO D'ADDA CR postcode: 26016 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	IT (SPINO D'ADDA CR)	coordinator	50˙000.00

Map

Project objective

The Black Mass is a residue of the Li-ion spent batteries (LIB) composed by Cobalt, Nickel, Manganese, Copper, Lithium, Iron and Carbonates, currently disposed as special waste for the lack of cost-competitive metals recovery technologies. The steep growth of electric vehicles (EV) and hybrid-electric vehicles (HEV) market, projected to reach respectively 25 million and 7.6 million units by 2025, is leading to an unparalleled increase of the Black Mass amount to be disposed (up to 4 million tons by 2025) with an unsustainable expense for the industrial players (100 €/ton). But the Black Mass is a potential source of Cobalt, a critical material for the battery manufacturing: today, more than 60% of the global Cobalt comes from the Democratic Republic of Congo, with a steeply growing trend of its price due to political instability and market demand increase. Cobalt price is highly fluctuating, but it is foreseen to reach >100 €/kg from 2022, with an extra cost of 600 M€/year for EV industry. Recycling the Cobalt contained in the spent batteries would allow to mitigate the price and reduce the dependence of European companies on imports. CoReco is an innovative and cost competitive process able to recover Cobalt, Nickel, Manganese and Copper contained in the Black Mass derived from the recycling of LIB with high purity. CoReco uses 2 innovative solutions: a Top Blown Rotary Converter for smelting, much more efficient and compact than competing solutions; a single reactor for all subsequent hydrometallurgical purification steps. CoReco is able to recover 98% of Ni, Co, Mn and Cu contained in the Black Mass and to reach > 99% purity of the Cobalt for reuse as secondary raw material for the LIB manufacturing. The compactness and low CAPEX of the plant makes CoReco the most competitive recycling solution on the market: the target Cost of Recovery (CoR) is < 1,200 €/ton (including CAPEX and OPEX), 30% less than competing solutions, making recycling industrially viable.

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The information about "CORECO" are provided by the European Opendata Portal: CORDIS opendata.