Nickel & Cobalt Recycling

E-Finance Thai news agency reports that Thailand's electric vehicle batteries have begun operations under an integrated Second Life model with full-cycle recycling, marking the first step, or the first button fastened, in the country's EV battery management system. The model aims to link the reuse of used batteries in a Second Life format with a fully integrated recycling process. The report states that this undertaking is an integrated collaboration covering both reuse and the systematic handling of battery waste. The news was published on 9 October 2026, reported by Prakai Dao Baengsanthia, editor of digital asset news.

The Electric Vehicle Association of Thailand, or EVAT, hosted a forum to present the findings of a feasibility study on the technical aspects and sustainable recycling of electric vehicle batteries, under the Thai-German Cooperation on Energy, Mobility and Climate, or TGC EMC. The study forecasts that the volume of all battery types examined that are retired from vehicles will rise from about 1.4 gigawatt-hours, or 9,349 tonnes, in 2030 to about 9.8 gigawatt-hours, or 73,855 tonnes, in 2038. Suroj Sangsnit, president of the Electric Vehicle Association of Thailand, said the growth of electric vehicles is a major opportunity for Thailand, but that the transition will only be sustainable if there is a battery management system covering the entire life cycle. Assistant Professor Dr. Uthen Supatti, head of the EVAT TGC EMC project, said Thailand must prepare systems to support both the assessment of battery condition for reuse as energy storage and the proper channelling of end-of-life batteries into recycling. The study indicates that setting up recycling plants alone may face limitations in terms of cost-effectiveness, while business models that integrate everything from sorting and manufacturing energy storage systems through to recycling have the potential to generate better returns. The study was conducted by a consulting team from the Thailand Development Research Institute, or TDRI, and the event also featured a joint discussion among representatives from the public and private sectors, including the Board of Investment, BMW Group Thailand, SK tes Thailand and PricewaterhouseCoopers FAS.

Evolution Metals & Technologies Corp. has signed a Strategic Partnership Letter of Intent with UK-based INERGX Energy Optimisation Ltd. to engineer, supply, integrate and service the energy storage and power optimization systems for its planned critical materials and battery black mass recovery facility in the United States. The Facility is planned at approximately 1 GW of on-site capacity within two years, equivalent to the output of one typical U.S. nuclear reactor, and up to approximately 5 GW at full build-out, equivalent to five reactors and to the annual electricity use of approximately 4 million American homes, powered by on-site LNG generation. Under the LOI, INERGX intends to source cells, packs and battery management systems through qualified European or other approved non-China partners, with full country-of-origin documentation and no change in source without EM&T's written approval, addressing the roughly 85% share of global battery cell manufacturing capacity located in China in 2024. INERGX will carry out a First Block Study within eight weeks of receiving EM&T's site inputs, with definitive agreements for the first block targeted within twelve weeks of the study's delivery and acceptance, and a long-term service agreement with an anticipated initial term of ten years. The partnership comes as EM&T executes on its previously announced fiscal 2027 revenue guidance of $400 million to $460 million, reflecting the expected first full-year contribution from expanding its Pohang, Republic of Korea magnet capacity to approximately 10,000 metric tons annually.