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CoReco SIGNED

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

Total Cost €

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EC-Contrib. €

0

Partnership

0

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 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.

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

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 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.

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