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Coherent Evaluates Strategic Alternatives for Its Advanced Lithium-Ion Battery Recycling Technology
December 13, 2024 | Globe NewswireEstimated reading time: Less than a minute
Coherent Corp., a global leader in materials, networking, and lasers, today announced that as a result of an ongoing strategic portfolio assessment, the company will evaluate strategic alternatives for its Streamlined Hydrometallurgical Advanced Recycling Process (SHARP™) technology to efficiently recover and recycle critical metals from lithium-ion batteries (LiBs).
With the increasing global demand for LiBs, driven by electric vehicles, energy storage systems, electronics, and other applications, the recycling of end-of-life LiBs is more critical than ever. SHARP™ technology addresses this challenge by enabling the production of cathode precursors and materials suitable for new LiB production directly from LiB waste. Unlike traditional hydrometallurgical processes, SHARP eliminates the need for extensive critical metal separation and purification steps.
The benefits of the SHARP technology include:
- High Recovery Rates: >97% recovery of critical metals (Ni, Co, and Li)
- Cost Efficiency vs. Common Processes: 55% lower CAPEX, 45% lower plant footprint, 60% lower reagents/utilities and 52% lower CO2 emissions
- Environmentally friendly: zero liquid discharge, no toxic solid/gas/liquid waste
SHARP has been successfully scaled up, and its products have undergone rigorous evaluation. Results demonstrate that the materials produced perform on par with pristine materials in battery applications, confirming their suitability for high-performance lithium-ion batteries.
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Everspin Technology, Lattice Semiconductor Collaborate
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BAE Systems Secures $251M Contract to Support U.S. Navy’s AEGIS Combat System
02/18/2025 | BAE SystemsIn November 2024, the U.S. Navy awarded BAE Systems a five-year, $251 million contract to provide the AEGIS Technical Representative (AEGIS TECHREP) organization with critical large-scale system engineering and on-site technical expertise for the complex combat system configurations for the U.S. Navy, the Missile Defense Agency, and the Foreign Military Sales program.
North American Semiconductor Industry Unites to Address Trade Challenges and Strengthen Resilience
01/31/2025 | PRNewswireLeading organizations across Quebec and the Northeastern states of the United States have joined forces to address trade challenges and strengthen resilience.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
01/31/2025 | Nolan Johnson, I-Connect007The year is off to a roaring start across the globe, but especially in the U.S. We’ll all be carefully watching the changes in policy, legislation, and enforcement coming out of Washington D.C., in the coming weeks and months. One thing is clear, though. No matter what your opinions or political affiliations are, things will change. That said, it is impossible to look at last week’s news and draw any conclusions about how everything will equilibrate in the end. Frankly, it’s just too soon for that sort of analysis. In the meantime, here are last week’s five top stories. If you’ve read nothing else about the industry this week, read these.
Fairbanks Morse Defense’s Maxim Watermakers Completes Testing of First U.S. Navy Closed Loop Cooling System
01/30/2025 | BUSINESS WIREMaxim Watermakers, a business unit of Fairbanks Morse Defense, has successfully completed qualification testing for a first-of-its-kind submarine maintenance Closed Loop Cooling System (CLCS) for Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNS and IMF).