Lithium Iron Phosphate (LFP) batteries are popular across various industries, including electric vehicles (EVs), solar energy storage, and industrial vehicles such as forklifts and Automated Guided Vehicles (AGVs). However, it's important to note that not all batteries in these applications are LFP. Other chemistries, such as nickel-manganese-cobalt (NMC), nickel-cadmium (Ni-Cd), and lead-acid batteries, are also commonly used.
LFP batteries are particularly notable for their excellent cost-performance ratio, energy efficiency, and safety. If you're using LFP batteries in your EV, solar system, or industrial machinery, you can feel confident that they are recyclable. That said, not all recycling facilities specialize in LFP batteries, and some methods used for lead-acid or nickel-based batteries may not effectively extract lithium from LFP batteries. And not to mention, the pollution involved in the recycling process.
Finding a local destination facility that accepts LFP batteries can be a bit tricky. Many recycling facilities may not offer much compensation for these batteries and could even decline to accept them. This is often due to the economic challenges associated with recycling LFP batteries.
As a result, businesses searching for recycling centres nearby may find that safe and sustainable battery disposal is limited by existing prevalent technologies. Without hazardous waste recyclers or, in the U.S., RCRA-permitted facilities willing to accept LFP batteries, the chances of improper disposal increases.
NEU Battery Materials specializes in LFP battery recycling, providing a highly cost efficient and sustainable process that benefits both your business and the planet.
At NEU, we accept LFP batteries globally from a variety of sources, including electric vehicles (EVs), battery energy storage systems (BESS), and LFP battery manufacturing scraps. Our recycling solution ensures responsible processing and supports a circular battery economy.
Contact us to find out how we create value for your end-of-life lithium batteries!