Battery Resourcers will open its lithium-ion battery recycling facility in Georgia by August.
The 154,000-square-foot facility will have the capacity to process 30,000 metric tons of lithium-ion batteries and scrap on an annual basis, the company said.
Battery Resourcers has invested US$43 million into the plant, and plans to hire at least 150 workers.
The Covington, Georgia facility will be the largest battery recycling plant in North America, Battery Resourcers chief executive Michael O'Kronley said.
"We need to match the capacity of the gigafactories producing millions of batteries with our own ‘gigarecycling' facilities that can recycle millions of batteries," he said.
Battery Resourcers also plans to open a second facility to produce precursor and cathode-active materials in 2023.
The plant will use its patented Hydro-to-Cathode technology, which reduces cost by 59%, the company said. The technology will lead to graphite recovery and purification, which can then be used for new batteries.
In the longer term, the company plans to open additional recycling plants in North America, Europe, and Asia to recycle up to 150,000 metric tons of lithium-ion material annually.
