I'm an electrical engineer, and I would love to see responsible battery recycling, but the chemistry used to reclaim the vital materials is not clean or green. The reality is that no one will want these plants opening in their communities. The company shown here is condensing good cells into a singles unit, but that leaves a huge amount of leftover used battery cells.
@@kineticstar Exactly. So where will the dead recycled batteries go? There's no numbers. It's mostly feel good blather, an advertisement, a pitch. The various battery issues are very important stuff.
Well said. The key is that it is cheaper to reclaim the minerals compared to mining for them. The technology problem is doing this in a clean way. So it is great companies are trying out techniques so early.
All of these "green" outfits are scams; you will lose your a$$ by investing in them; that's why the politicians do it with money stolen from people who know better. The first lie of American Battery Technology Company begins with its name: Its a South African Company
I think the next real big innovation will be some form of standardized battery dimensions. This will help these companies with recycling as they would have more unified approach so they aren't taking angle grinders to the tops of the units to get at the batteries. But also probably add some automation to disassembly because they could be put into a jig to just unbolt the entire top in a single pass. We already have standardized charging ports on the cars, so locking down the battery dimensions would be the next real step to help with recycling and maintenance.
@juffowup78 It's not even that hard to undo battery packs. Did you even watch the video? No two cars are alike. Standardize what exactly? There's different car shapes and sizes.
Closest we have are the individual cells, which most packs are clusters of thousands of 18650 cells, which were one ubiquitous in laptop battery packs.
This will not happen. The big innovation happening now is how to put more battery into the vehicle, which means re-designing vehicles so that any void space is a space where another battery cell is placed. Tesla has been able to increase energy storage density in the Model 3 and Model S productions in this way without having to change their production line.
How does this help environment? Most people are not aware how the battery packs are made with hazardous materials mined. Cobalt is harvest by hand in some cases by children. They dont say that. Then you need to charge it IE:coal and natural gas. Now we are using biomass is the number 1 element to make to be green friendly they are cutting trees to make biomass. So the we lose forest in the name of green, What a scam.
I don’t believe them, we were told/brainwashed that we can recycle plastic bottles. Yet, that was proven to be false. So you really expect me to be fooled again?
The method the items are placed into recycling standard is excellent. It saves the environment, while raw materials are always derived from its source. It can always be as efficient with its products, goods and the services that it brings. PLDT SME nation..thank you
This is so encouraging! I've seen a YT video where a garage that works only on EV's fixed a "dead" battery by replacing a few defective cells. Batteries consist of cells, your lead acid car battery has six of them. It's rare that they all degrade at the same rate. I recently had a car battery that was all but dead. Using a hydrometer (it measures the specific gravity of the acid) three cells were excellent and three were dead! Applying this to a hundred? celled EV battery, you find the bed cells, replace them with good ones from other "dead" batteries. You can bet someone will be rebuilding Tesla batteries before long. Too big a market place and oh-so-easy to beat the price of a new Tesla battery.
@@danyeo Did I say anything about Tesla selling remanufactured batteries? No, I did not. Apparently there are more and more indy EV garages opening all of the time.
@@frequentlycynical642 I didn't mention Tesla either, but yes, it's a rapidly expanding industry. Anti EV critics quickly write off batteries when the ball is just getting rolling. You have to wonder right now, which companies to invest in because you know damm well a few of them are going to take off. If an EV can go 200K and you can get just a few cells replaced that would be awesome. Competition will give better options and bring prices down on repairs.
they go to battery heaven if they've been good batteries, although some eastern batteries may recycle as a different brand. SLA batteries are immortal.
Wish these videos showed the specific processes. Like the black mush. Is it seperated? Can you seperate lithium from that? Does anyone buy the black mush or do they use it? How was the black mush made? Did they just put a battery in a blender.
ABML needs to partner with SQM from Chile so they can mine their 15 million tons of the mineral they have recently discovered on the property ABML owns in Nevada. They also need to partner with one of the big automakers in the US for battery recycling (GM, Ford or Tesla). Mining and recycling is the key here for ABML. ABML will be a double digit stock very soon!!
@@boost1728 It's not the type of battery that makes them desirable it's the number of batteries and pack design that makes them useful. I've seen videos of folks trying to design their own packs and it's really expensive and time consuming.
Li batteries are very sophisticated and nothing like lead acid batteries. They have many different layers and complex structures, making them harder to recycle than one may think. Plus solid state batteries will eventually be used and this means another type of recycling may be necessary.
Clearly a problem that can never be solved. We should just give up recycling as no one will ever figure out a cost effective method to recycle Li batteries. You should probably let Redwood materials know that there is no use expanding their factory as what they are already doing is too difficult to be done
@@Jeddinstop being dramatic. EVs run off 60% fossil, 20%nuclear, the batteries are extremely toxic to mine(done in mostly poor non-environmentally regulated countries), and the batteries are very difficult to recycle. When you drive off the lot in a brand new EV, it’s done about as much damage to the environment as if you had drove 100k miles on a gas engine. I am not against EVs, but I am certainly against the current propaganda the gov. Is using to push them. Evs have been around just as long as ICE vehicules and there is a reason we have gone w gas vehicals, as it is much more efficient.
@@bluesfan6862 you are the one being dramatic with “the batteries are very difficult to recycle”. Look at the interviews with Redwood Materials founder Jeffrey Straube former Tesla confounded who started the battery recycling company in 2017. Their tech demonstrates 95% efficiency in ev battery recycling. However they have been mostly recycling laptop and cellphone batteries as they just can’t source enough EV batteries. The supposed EV battery environmental Armageddon has never happened. The batteries are lasting in cars much longer then expected. And when they reach end of life they are being reused as stationary battery storage since an EV battery end of life is 30-40% degradation but 60% of a 40-90 kWh battery is more then plenty for stationary storage.
@@bluesfan6862... There's another problem they let slip out of their mouths. A recycled battery pack going into a new car? New car buyers aren't going to be purchasing a new battery tested from "new" but having to have older Lithium cells with refurbished other cells to really have miles driven and recharged on a new car sold? I'm glad I'm not getting scammed by accepting a new car with refurbished electric cell battery packs that already come with less miles to go on them because refurbished is miles already driven and recharged with what's there. 😬
0:53 Time for a new bookshelf, John. By the way, apart from the point of resources, the recycling of batteries is critical for EVs. This is because the carbon footprint of battery production is greater than that of gasoline vehicles and, depending on the mileage, is inherently bad for the environment. If EVs become popular in the future, the supply of recycled batteries will greatly exceed the demand, and we can expect the spread of inexpensive products that use them. For example, cheap electric motorcycles with poor battery life, emergency batteries for home use, power stabilization of renewable energy, etc.
It is very hard to automate when the batteries come in different shape, size and chemistry. When battery cost drop enough it will be cheaper to just shred everything and refine the scraps.
Finally....some glimpse of answer! This area always been grey whenever we ask, what happens to EV batteries once it ends its lifecycle...Thank you..👏👏👏👏👏
It would seem like there would be a bigger market for recycling the material. As battery technology improves and changes, putting these packs back into their original form wouldn’t seem the best course of action. I like the idea of the upgrading to current specifications, but that doesn’t necessarily mean to the newest and best chemistries out there. Of course, there will always be a need for older batteries so we can have a thriving used car market as well. Finding the right balance, I suppose, is the tricky part.
I think long term, this will bring down the price of batteries overall and thus make things like EVs cheaper, since the battery is often the most expensive component. If we can get the price low enough for these process, then I think the idea of buying a used car may change to buying a “refurbished” car, similar to how you can buy other refurbished electronics now.
Recycling still consumes energy and has externalities that need to be accounted for. Degraded range in a car might make it unsuitable but reusing those packs in a domestic or industrial setting that don’t have the same size/weight constraints is cheaper and has fewer inputs than turning an old battery into a new one. That should be the first resort. Reprocessing should be the last one when a cell is *completely* degraded. The same happens by default in hybrids. A full EV with 80% of original capacity might be unusable. But a hybrid with the same is not worth worrying and most owners would have zero idea and not notice a degradation in fuel economy. Degraded cells are not dead cells. There are Priuses out there from 2000s with an absurd amount of kms on the clock but they’re still going strong.
8:32 "Recycling is maybe 5%-10% and the rest is repurposing". So, how long does the repurposing last? What is the overall amount that is actually recycled and how much is not? Can't repurpose it forever right?
Black mass is the minerals that you need to remake the battery. It’s the anode and cathode materials. The black mass is what makes this service valuable
A company called Moment Energy is focused on repurposing these EV batteries and has deployed them for years across North America to reduce diesel consumption! These companies make sure new lithium isn't required to be mined for stationary storage applications as recyclers still need a lot of work to make their processes economically and environmentally sustainable.
$ABML - I’m glad I can scoop this up under $1. ESG lithium mining is the future. As is EV battery recycling. This company will be a leader in both! $ABML 🚀 💵
Some EV naysayers ask the question about what we will do with all the spent battery packs. The answer is easy because with battery packs costing $10,000-12,000, they will ALL be either repurposed as stationary energy storage in homes and businesses or completely recycled for the valuable minerals. I expect manufacturers will also help this process by making battery packs that are even easier to recycle. The process will become a closed loop.
I completely agree! This can and likely will also cause battery prices to come down at least a decent amount. A good thing manufacturers can do moving forward would be to standardize some sort of battery layout to make it easier to disassemble for recycling.
Actually they don’t die at least not all the cells at once. Disconnect the bad once balanced the pack and you can drive on. We need to get into service batteries.
We already use a recycling program it’s called used tesla batteries for solar storage ..I got 16 right now charging off the sun..there’s not going be that much of a need ..
Not everyone has solar panels on the roofs yet, and for some it might be cost prohibitive to even install. We will eventually likely also reach a point where there are more batteries than we can reasonably use, and that is where programs like this will come in handy. And as mentioned in the video, this will probably also bring overall battery costs down.
I don't agree with SNT *NOT* selling directly to the consumer. They are not helping the end consumer by only selling to manufacturers or dealerships and this is not helping the case for EV's. We NEED the "right to repair" to be enforced, and part of that is companies like this actually selling directly to consumers.
As a Minecraft player, I wouldn’t mind mining in real life 😂 I love the outdoors, a rock hound too. I live in Southern California, I went hiking the other day and found small pieces of graphite! I’m gonna go back there to do more sampling🥴
Batteries are being recycled, but only in the last 100 years, has there been any real effort to recycle products, such as with the automobile, creating "salvage yards" (or what some call "junk yards", which is not accurate), but even this fall far short of real recycling. But when God made the universe, he incorporated "recycling technology" with its framework, so that the universe will last forever. For example, there is "the water cycle", whereby water is evaporated and remains in the atmosphere for some ten days and then dropped as rain somewhere on the earth, and as Ecclesiastes 1:5-7 shows. And there is the recycling of dead trees, for when they die, they are either consumed by termites and other insects, such as ants and the bark beetle, so that the wood is broken down and returned to the earth to be reused again as a new tree or some other plant. In Africa, dung beetles recycle elephant dung or manure, while bacteria also breaks down manure of all sorts, recycling it for use again and again. And what about such "chemical element" as uranium, especially "spent uranium" that are at the core of "nuclear reactors" in making electricity ? It too, is recycled, of uranium-234 as having a half-life from 250,000 years, eventually turning into non-radiating lead by radioactive decay of uranium and thorium through radon, while uranium-235 has a half-life of about 700 million years, while uranium-238 has a half-life of about 4.5 billion years.(Note: "half-life" means "the time it takes for one half of the atoms of a particular radionuclide to disintegrate (or decay) into another nuclear form", source: website, evs.anl.gov/uranium, Argonne National Laboratory) Over time, everything returns to its basic elemental state, breaking down until there is nothing left of the original product, as God, whose name is Jehovah (see Isa 12:2, KJV) designed the material universe to be "recycled", so that it will remain forever to be enjoyed by the "meek" ones who will inherit the earth as their everlasting home, after it is transformed into a paradise, and that will remain pristine forever, in which the commercial system that produces EV batteries (as well as the religions of the world and the realm of politics) will soon cease to exist.(Jer 25:29-33; Ps 37:11, 29)
They didn't say any of the black mat was being sorted back into individual minerals. True recycling was a last resort. The majority of what they are doing is swapping in new cells into these damaged and degraded packs. The true recycling is still a mystery. And one pack catches fire and that whole warehouse is torched. They have probably hundreds tons of shredded plastic that is going to the landfill. And who wants a half shot battery for their renewable energy storage? This reminds me of plastic recycling currently. We spend tons of money and energy gathering and sorting, but the majority goes into the landfill without and true recycling occurring.
I'm not sure where all those batteries are coming from, but imagine a big chunk are from accidented cars that are marked total loss by the insurer. With more EVs being sold, the total loss numbers will only increase and more batteries will come the facility for a check-up and repair. Business should be booming even before the natural EOL of the EVs on the road happens.
there's still one thing..... most of these company is operating in the US & EU.... does US & EU would really allowed other country exporting what basically their waste into their border? because i doubt that since most of them ship their waste to developing countries, shipping by Air? i doubt that would be... safe? or do they have diplomatic exemption to promote these things?
You say SNT handles 15,000 batteries a month. The guy you interviewed said they get 50 to a 100 a day. At 30 days of 100 that's 3000 batteries. If it's the lower number it would be 1500. Did you just add a zero to get the 15,000 number?
why is the new ev battery rate at 12-15 while the reuse one at 5-30. The lower bound make sense but the upper bound is odd. Somehow they extend their lifetime after refurbishing?
because they are being used for different purposes, inside an ev there is much higher power demand from each cell whereas for a stationary aplication the power demand and recharging is smaller thus they have even lower degridation when they are reused. Also, they replace the most damaged part of the pack, because often their are individual cells in a battery pack that have much higher degridation than the others. If you replace the degraded cells the battery can almost act as if its brand new.
Imagine the environmentalist’s response 100 years ago if you told them internal combustion engines only have a lifecycle of 8 - 10 years, there is no assurance they can be recycled and 300 million vehicles will be manufactured within a few years.
American Battery Technology Company has many ex-Tesla employees (who built/designed battery cell components of the Tesla gigafactory). They also have higher yields from recycling than Redwood, lower costs to recycle, and don't burn batteries (feels pretty dumb to burn to recycle). Not to mention they have facilities right down the street from the gigafactory. Check them out, pretty cool stuff.
It wasn't a problem, because as mentioned, their batteries are lasting longer than expected and be repurposed for solar and green energy storage. This means that companies like these are struggling to even have enough batteries for processes like this. Arguably a good problem to have seeing as that means these batteries aren't ending up being discarded improperly, since they still hold value.
Sad fact, only a small percentage of recyclable plastics in the recycling bin actually get recycled. The rest gets dumped to third world country for landfill. So… I’m just as “optimistic” about battery recycling too :)
Plastic is worth nothing; batteries are full of valuable materials. They'll get recycled, unless these materials aren't valuable in the future. Which I doubt.
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it. Investing is a long-term game. It's just hard to focus on the long term playbook when I'm already in a massive loss
I'm in the same situation as you and I can’t seem to focus on the long run when I should be retiring in 3years. I’ve got good companies in my portfolio and a good amount invested, but profits keeps stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
I don't know the type of investor you are and the companies you've bought but I can safely say you're not holding the best companies. Chances are you also don't have an advisor, which is exactly why you don't know when to buy and when to sell. There's no way you will have an advisor dig out important opportunities for you and still be on the same losing end. I went from an intermediate portfolio of $50,000 to a now huge account of $600,000 in a couple of months after going through so many losses like you. Settled my debts and paid my rent. The profit hits my bank account every week. The answer to your question might be Kathleen Carole Yanelli . She is the advisor who did the magic and presented me with a wide range of investment opportunities in different asset classes and yielded maximum profit.
@@veniceblackwood2931 Impressive, I've been in a similar situation for a while. I feel trapped. I don't want to sell at loss, at the same time, my assets are stagnated. mind if I asked how to reach Kathleen? I've heard many good things about this particular Kathleen and the success of her performance seems to be very resounding.
People are investing in lithium and electric batteries, and that’s fine, but the bigger thing is what happens for when they are done? The bigger thing in my mind is recycling and making sure that they do not pollute our waterways- and we are going to have to safeguard the environment and keep it out of landfills. The biggest problem isn’t making lithium batteries, it’s all the e-waste and battery waste that is coming
The big question is: is there anybody that can separate lithium from carbon from aluminum from copper? Is it cheaper than Argentina and China or Africa price?
A very good point Sir. It all depends on how you create your energy in the first place. Where I live (in Australia) we have weeks on end where there are zero emissions for all of our energy consumption across millions of homes, industry, and infrastructure alike due to our progressive government's push to increase wind, solar, and energy storage. Once we get to 150% renewable energy then we can re-awaken industries that have long since closed (or invite progressive new ones) due to rising costs and cheaper production based mainly in China. The extra 50% is included as a redundancy for when the wind doesn't blow and the sun doesn't shine, in the very same way that out coal and gas fired generators have an extra 50% redundancy for maintenance and breakdowns etc. Having personally worked in the mining and energy industry for many years, I have personally seen the changes over time as we transition away from one system and towards another. That being said it's interesting to hear the amount of 'noise' coming from the sector's that have not anticipated the transition and the message that they spread. Very interesting times indeed👍
Former Tesla executive has Elon's blessing running a company that aims to recycle Tesla's old batteries. This is a nascent industry and more will sprout up the more people adopt EVs.
What percentage of the battery is recyclable ? Remember the plastic recycling myth ? What percentage of plastics are recycled? Hardly any. You can't recycle the toxic parts. Lithium, cobalt, etc.
Glad these guys are forward thinking. It's better to anticipate a problem and handle it preemptively. We need more companies like this.
It makes me want to be an engineer
Lies again? Keep Talking Smart Bundesliga
I'm an electrical engineer, and I would love to see responsible battery recycling, but the chemistry used to reclaim the vital materials is not clean or green.
The reality is that no one will want these plants opening in their communities.
The company shown here is condensing good cells into a singles unit, but that leaves a huge amount of leftover used battery cells.
@@kineticstar Exactly. So where will the dead recycled batteries go? There's no numbers. It's mostly feel good blather, an advertisement, a pitch. The various battery issues are very important stuff.
Well said. The key is that it is cheaper to reclaim the minerals compared to mining for them. The technology problem is doing this in a clean way. So it is great companies are trying out techniques so early.
EV drivetrain battery pack recycling and repurposing will become an incredibly important industry moving forward. I am thankful for these startups.
$ABML - American Battery Technology Company. Holding since 2020 and couldn’t be more excited!
You should also check out Redwood minerals!
damn their stock price is $1! Holy L
All of these "green" outfits are scams; you will lose your a$$ by investing in them; that's why the politicians do it with money stolen from people who know better.
The first lie of American Battery Technology Company begins with its name: Its a South African Company
An important part of the EV equation.
Nice PFP, can't wait for IFT-3!
I think the next real big innovation will be some form of standardized battery dimensions. This will help these companies with recycling as they would have more unified approach so they aren't taking angle grinders to the tops of the units to get at the batteries. But also probably add some automation to disassembly because they could be put into a jig to just unbolt the entire top in a single pass. We already have standardized charging ports on the cars, so locking down the battery dimensions would be the next real step to help with recycling and maintenance.
@juffowup78
It's not even that hard to undo battery packs. Did you even watch the video? No two cars are alike. Standardize what exactly? There's different car shapes and sizes.
Closest we have are the individual cells, which most packs are clusters of thousands of 18650 cells, which were one ubiquitous in laptop battery packs.
This will not happen. The big innovation happening now is how to put more battery into the vehicle, which means re-designing vehicles so that any void space is a space where another battery cell is placed. Tesla has been able to increase energy storage density in the Model 3 and Model S productions in this way without having to change their production line.
Because space is rare in a car, this won’t happen. This could possibly happen with trucks however.
How does this help environment? Most people are not aware how the battery packs are made with hazardous materials mined. Cobalt is harvest by hand in some cases by children. They dont say that. Then you need to charge it IE:coal and natural gas. Now we are using biomass is the number 1 element to make to be green friendly they are cutting trees to make biomass. So the we lose forest in the name of green, What a scam.
ABTC is the only US company that will be mining AND recycling. Simply incredible.
'Greenies' will shut down mining, the electric grid that already can't support E/V/s AND the energy cost of rebuilding batteries.
Thanks for the unconditional love, and support,it's nice talking to you over here, where are you from?
I don’t believe them, we were told/brainwashed that we can recycle plastic bottles. Yet, that was proven to be false. So you really expect me to be fooled again?
Located in Rustenberg South Africa
The method the items are placed into recycling standard is excellent. It saves the environment, while raw materials are always derived from its source. It can always be as efficient with its products, goods and the services that it brings. PLDT SME nation..thank you
Great information here. This is just the beginning of a whole new industry that will support EVs.
That industry already exists. It will however need to scale up.
This is so encouraging! I've seen a YT video where a garage that works only on EV's fixed a "dead" battery by replacing a few defective cells. Batteries consist of cells, your lead acid car battery has six of them. It's rare that they all degrade at the same rate. I recently had a car battery that was all but dead. Using a hydrometer (it measures the specific gravity of the acid) three cells were excellent and three were dead! Applying this to a hundred? celled EV battery, you find the bed cells, replace them with good ones from other "dead" batteries.
You can bet someone will be rebuilding Tesla batteries before long. Too big a market place and oh-so-easy to beat the price of a new Tesla battery.
Don’t expect that normally. Most dealers will only swap the whole thing and charge thousands.
@@danyeo Did I say anything about Tesla selling remanufactured batteries? No, I did not. Apparently there are more and more indy EV garages opening all of the time.
@@frequentlycynical642 I didn't mention Tesla either, but yes, it's a rapidly expanding industry. Anti EV critics quickly write off batteries when the ball is just getting rolling. You have to wonder right now, which companies to invest in because you know damm well a few of them are going to take off. If an EV can go 200K and you can get just a few cells replaced that would be awesome. Competition will give better options and bring prices down on repairs.
Big fan of American battery technology company ! ♻️♻️♻️
Where is it located ?
@@brucefrykman8295 Nevada
they go to battery heaven if they've been good batteries, although some eastern batteries may recycle as a different brand. SLA batteries are immortal.
Wish these videos showed the specific processes. Like the black mush. Is it seperated? Can you seperate lithium from that? Does anyone buy the black mush or do they use it? How was the black mush made? Did they just put a battery in a blender.
This is wonderful to see!
Love this topic! Can CNBC interview CEOs from American Batt, Redwood, etc??
Since there owned by Cox probably not.
ABML needs to partner with SQM from Chile so they can mine their 15 million tons of the mineral they have recently discovered on the property ABML owns in Nevada. They also need to partner with one of the big automakers in the US for battery recycling (GM, Ford or Tesla). Mining and recycling is the key here for ABML. ABML will be a double digit stock very soon!!
Sounds like a company to invest in!
All privately owned, so, good luck!
@@davidhowland4499 American battery is not. Their stock ticker is $ABML
Well, the video was about SNT and Cox, which is what I assumed you were referencing
Folks with home solar love to get these batteries. Even if they are degraded they still hold many times the energy of a Tesla power wall.
Nonsense claim. You do realize they’re the exact same batteries inside the packs right?
@@boost1728 It's not the type of battery that makes them desirable it's the number of batteries and pack design that makes them useful. I've seen videos of folks trying to design their own packs and it's really expensive and time consuming.
This was great!
Li batteries are very sophisticated and nothing like lead acid batteries. They have many different layers and complex structures, making them harder to recycle than one may think. Plus solid state batteries will eventually be used and this means another type of recycling may be necessary.
Clearly a problem that can never be solved. We should just give up recycling as no one will ever figure out a cost effective method to recycle Li batteries. You should probably let Redwood materials know that there is no use expanding their factory as what they are already doing is too difficult to be done
@@Jeddinstop being dramatic. EVs run off 60% fossil, 20%nuclear, the batteries are extremely toxic to mine(done in mostly poor non-environmentally regulated countries), and the batteries are very difficult to recycle. When you drive off the lot in a brand new EV, it’s done about as much damage to the environment as if you had drove 100k miles on a gas engine.
I am not against EVs, but I am certainly against the current propaganda the gov. Is using to push them.
Evs have been around just as long as ICE vehicules and there is a reason we have gone w gas vehicals, as it is much more efficient.
@@bluesfan6862 you are the one being dramatic with “the batteries are very difficult to recycle”. Look at the interviews with Redwood Materials founder Jeffrey Straube former Tesla confounded who started the battery recycling company in 2017. Their tech demonstrates 95% efficiency in ev battery recycling. However they have been mostly recycling laptop and cellphone batteries as they just can’t source enough EV batteries. The supposed EV battery environmental Armageddon has never happened. The batteries are lasting in cars much longer then expected. And when they reach end of life they are being reused as stationary battery storage since an EV battery end of life is 30-40% degradation but 60% of a 40-90 kWh battery is more then plenty for stationary storage.
@@bluesfan6862... There's another problem they let slip out of their mouths. A recycled battery pack going into a new car? New car buyers aren't going to be purchasing a new battery tested from "new" but having to have older Lithium cells with refurbished other cells to really have miles driven and recharged on a new car sold? I'm glad I'm not getting scammed by accepting a new car with refurbished electric cell battery packs that already come with less miles to go on them because refurbished is miles already driven and recharged with what's there. 😬
12:43 The American Battery Technology ticker is ABML, not ABT. And it is not on the NYSE.
0:45 Man's a Savage, but spoke the truth 🤣🤟
Another great video! Love learning about this stuff
as a mechanic I discuss the problems with electric cars in depth on my home page vid
Abml is the way to go. Still super cheap OTC. Not for long though in my opinion.
0:47 this guy’s laugh took me out. Lol
Great initiative 👍
when I replace the batteries for any vehicle I always keep the old batteries. it's still valuable
0:53 Time for a new bookshelf, John.
By the way, apart from the point of resources, the recycling of batteries is critical for EVs. This is because the carbon footprint of battery production is greater than that of gasoline vehicles and, depending on the mileage, is inherently bad for the environment. If EVs become popular in the future, the supply of recycled batteries will greatly exceed the demand, and we can expect the spread of inexpensive products that use them. For example, cheap electric motorcycles with poor battery life, emergency batteries for home use, power stabilization of renewable energy, etc.
What the world should do now is to create a standardized form factor for this batteries in every category possible.
Hope they can automate the process a bit in future, looks so manual, esp. vs. production of this bat packs
It is very hard to automate when the batteries come in different shape, size and chemistry. When battery cost drop enough it will be cheaper to just shred everything and refine the scraps.
Maybe IDRA can make a giant vacuum to dismantle it. I'm just pondering on how they should name that
Finally....some glimpse of answer! This area always been grey whenever we ask, what happens to EV batteries once it ends its lifecycle...Thank you..👏👏👏👏👏
It would seem like there would be a bigger market for recycling the material. As battery technology improves and changes, putting these packs back into their original form wouldn’t seem the best course of action. I like the idea of the upgrading to current specifications, but that doesn’t necessarily mean to the newest and best chemistries out there. Of course, there will always be a need for older batteries so we can have a thriving used car market as well. Finding the right balance, I suppose, is the tricky part.
I think long term, this will bring down the price of batteries overall and thus make things like EVs cheaper, since the battery is often the most expensive component. If we can get the price low enough for these process, then I think the idea of buying a used car may change to buying a “refurbished” car, similar to how you can buy other refurbished electronics now.
Recycling still consumes energy and has externalities that need to be accounted for. Degraded range in a car might make it unsuitable but reusing those packs in a domestic or industrial setting that don’t have the same size/weight constraints is cheaper and has fewer inputs than turning an old battery into a new one. That should be the first resort. Reprocessing should be the last one when a cell is *completely* degraded.
The same happens by default in hybrids. A full EV with 80% of original capacity might be unusable. But a hybrid with the same is not worth worrying and most owners would have zero idea and not notice a degradation in fuel economy. Degraded cells are not dead cells. There are Priuses out there from 2000s with an absurd amount of kms on the clock but they’re still going strong.
Also great piece. Glad someone did it. So much bad information out there on social media.
0:46 - That guy’s Dracula-like laughing though lol
8:32 "Recycling is maybe 5%-10% and the rest is repurposing". So, how long does the repurposing last? What is the overall amount that is actually recycled and how much is not? Can't repurpose it forever right?
I keep imagining in the future we’ll be mining landfills for minerals
Why would we put those minerals there in the first place?
They can be recycled
@@Alexzw92 we already put them there...
@@Alexzw92 Because those minerals were dumped long before we had a use for them, or a way to recycle them?
@@Alexzw92 Because recycling is more expensive than obtaining new materials.
Possible
They should put in more foam, so we can use it as a matrass
Right now, the only Cobalt Mine/Refinery in the United States is In Idaho. It's scheduled to begin production In the coming weeks.
Reduce. Reuse. Recycle.
ABTC looks great
So what about the black mass and what that takes to deal with? Seems to have missed an important issue.
Black mass is the minerals that you need to remake the battery. It’s the anode and cathode materials. The black mass is what makes this service valuable
A company called Moment Energy is focused on repurposing these EV batteries and has deployed them for years across North America to reduce diesel consumption!
These companies make sure new lithium isn't required to be mined for stationary storage applications as recyclers still need a lot of work to make their processes economically and environmentally sustainable.
All I heard was they can create a mush of Li and a dozen other contaminants but no ideas as to how to economically separate them
A cnbc how much energy is needed to seperate cobalt,nickel, etc from black mass ?
$ABML - I’m glad I can scoop this up under $1. ESG lithium mining is the future. As is EV battery recycling. This company will be a leader in both!
$ABML 🚀 💵
Some EV naysayers ask the question about what we will do with all the spent battery packs. The answer is easy because with battery packs costing $10,000-12,000, they will ALL be either repurposed as stationary energy storage in homes and businesses or completely recycled for the valuable minerals. I expect manufacturers will also help this process by making battery packs that are even easier to recycle. The process will become a closed loop.
I completely agree! This can and likely will also cause battery prices to come down at least a decent amount. A good thing manufacturers can do moving forward would be to standardize some sort of battery layout to make it easier to disassemble for recycling.
Standardizing the design of ev battery packs would make this process more streamlined.
Actually they don’t die at least not all the cells at once. Disconnect the bad once balanced the pack and you can drive on. We need to get into service batteries.
We already use a recycling program it’s called used tesla batteries for solar storage ..I got 16 right now charging off the sun..there’s not going be that much of a need ..
Not everyone has solar panels on the roofs yet, and for some it might be cost prohibitive to even install. We will eventually likely also reach a point where there are more batteries than we can reasonably use, and that is where programs like this will come in handy. And as mentioned in the video, this will probably also bring overall battery costs down.
That was an interesting piece, obviously dealing with the end of life EV battery technology is paramount…
I don't agree with SNT *NOT* selling directly to the consumer. They are not helping the end consumer by only selling to manufacturers or dealerships and this is not helping the case for EV's. We NEED the "right to repair" to be enforced, and part of that is companies like this actually selling directly to consumers.
As a Minecraft player, I wouldn’t mind mining in real life 😂 I love the outdoors, a rock hound too. I live in Southern California, I went hiking the other day and found small pieces of graphite! I’m gonna go back there to do more sampling🥴
Batteries are being recycled, but only in the last 100 years, has there been any real effort to recycle products, such as with the automobile, creating "salvage yards" (or what some call "junk yards", which is not accurate), but even this fall far short of real recycling. But when God made the universe, he incorporated "recycling technology" with its framework, so that the universe will last forever.
For example, there is "the water cycle", whereby water is evaporated and remains in the atmosphere for some ten days and then dropped as rain somewhere on the earth, and as Ecclesiastes 1:5-7 shows. And there is the recycling of dead trees, for when they die, they are either consumed by termites and other insects, such as ants and the bark beetle, so that the wood is broken down and returned to the earth to be reused again as a new tree or some other plant.
In Africa, dung beetles recycle elephant dung or manure, while bacteria also breaks down manure of all sorts, recycling it for use again and again. And what about such "chemical element" as uranium, especially "spent uranium" that are at the core of "nuclear reactors" in making electricity ?
It too, is recycled, of uranium-234 as having a half-life from 250,000 years, eventually turning into non-radiating lead by radioactive decay of uranium and thorium through radon, while uranium-235 has a half-life of about 700 million years, while uranium-238 has a half-life of about 4.5 billion years.(Note: "half-life" means "the time it takes for one half of the atoms of a particular radionuclide to disintegrate (or decay) into another nuclear form", source: website, evs.anl.gov/uranium, Argonne National Laboratory)
Over time, everything returns to its basic elemental state, breaking down until there is nothing left of the original product, as God, whose name is Jehovah (see Isa 12:2, KJV) designed the material universe to be "recycled", so that it will remain forever to be enjoyed by the "meek" ones who will inherit the earth as their everlasting home, after it is transformed into a paradise, and that will remain pristine forever, in which the commercial system that produces EV batteries (as well as the religions of the world and the realm of politics) will soon cease to exist.(Jer 25:29-33; Ps 37:11, 29)
They didn't say any of the black mat was being sorted back into individual minerals.
True recycling was a last resort.
The majority of what they are doing is swapping in new cells into these damaged and degraded packs.
The true recycling is still a mystery.
And one pack catches fire and that whole warehouse is torched.
They have probably hundreds tons of shredded plastic that is going to the landfill.
And who wants a half shot battery for their renewable energy storage?
This reminds me of plastic recycling currently. We spend tons of money and energy gathering and sorting, but the majority goes into the landfill without and true recycling occurring.
Are Sodium-ion batteries like the ones used in JAC cars easy to recycle as claimed?
He just threw Tesla under the bus. I admire him for that.
Some people put them in golf carts and then you can pop wheelies lol
I'm not sure where all those batteries are coming from, but imagine a big chunk are from accidented cars that are marked total loss by the insurer. With more EVs being sold, the total loss numbers will only increase and more batteries will come the facility for a check-up and repair. Business should be booming even before the natural EOL of the EVs on the road happens.
there's still one thing..... most of these company is operating in the US & EU.... does US & EU would really allowed other country exporting what basically their waste into their border? because i doubt that since most of them ship their waste to developing countries, shipping by Air? i doubt that would be... safe? or do they have diplomatic exemption to promote these things?
Man... CNBC, You guys rock. Its so refreshing to see a big corporate owned media organization doing such amazing work. Keep it up!
That’s good. But ION battery still cheaper mineral, take over lithium.
yep, i would like to establish a battery recycling establishment in Romania!
Canada is processing cobalt through leftover silver mine refuse. Electra battery materials is probably going to be around $5 a share by 2030.
You say SNT handles 15,000 batteries a month. The guy you interviewed said they get 50 to a 100 a day. At 30 days of 100 that's 3000 batteries. If it's the lower number it would be 1500. Did you just add a zero to get the 15,000 number?
why is the new ev battery rate at 12-15 while the reuse one at 5-30. The lower bound make sense but the upper bound is odd. Somehow they extend their lifetime after refurbishing?
because they are being used for different purposes, inside an ev there is much higher power demand from each cell whereas for a stationary aplication the power demand and recharging is smaller thus they have even lower degridation when they are reused. Also, they replace the most damaged part of the pack, because often their are individual cells in a battery pack that have much higher degridation than the others. If you replace the degraded cells the battery can almost act as if its brand new.
That looks so safe.
Batteries have to be environmentally friendly or else it defeats the purpose.
Not really, they just have to be environmentally friendlier then what they are designed to replace. Which they are.
@@jessea3165 Says who? Have you seen forcasted emmisions?
@@jessea3165they are substantially more damaging to the environment than oil is.
@@jackieboy7577 Source?
@@anxiousearth680 lithium fields
Imagine the environmentalist’s response 100 years ago if you told them internal combustion engines only have a lifecycle of 8 - 10 years, there is no assurance they can be recycled and 300 million vehicles will be manufactured within a few years.
This assumes that EV battery formulation will remain the same. There are a host of new formulations and designs for EV batteries in the pipeline.
as a mechanic I discuss the problems with electric cars in depth on my home page vid
🔋♻️🔋Redwood battery recycling 🔋♻️🔋
They go to Redwood Materials- JB Straubel a former Tesla Executive
Who likes to burn batteries and call it recycling 😂
American Battery Technology Company has many ex-Tesla employees (who built/designed battery cell components of the Tesla gigafactory). They also have higher yields from recycling than Redwood, lower costs to recycle, and don't burn batteries (feels pretty dumb to burn to recycle). Not to mention they have facilities right down the street from the gigafactory. Check them out, pretty cool stuff.
And BYD was not featuring in the discussion just 1 year ago!!!! 😅
There is nothing wrong with pointing out that Tesla is bad at paying their vendors.
Good to know. Makes me more confident in the future. Now... about the cost of new vehicles... EV or not...
Proud shareholder of ABTC since just under $.10 per share.
I have a solution you give me a call I thought about this stuff 6 months ago and now you bring this out
2:07 manganese and graphite aren't critical minerals
It’s easily to go for another 10 years in garden lighting!
ABAT (American Battery Technology) stock has declined more than 60% YTD. I don't own it, but would be very concerned if I did.
Should’ve solved this problem first
It wasn't a problem, because as mentioned, their batteries are lasting longer than expected and be repurposed for solar and green energy storage. This means that companies like these are struggling to even have enough batteries for processes like this. Arguably a good problem to have seeing as that means these batteries aren't ending up being discarded improperly, since they still hold value.
Sad fact, only a small percentage of recyclable plastics in the recycling bin actually get recycled. The rest gets dumped to third world country for landfill. So… I’m just as “optimistic” about battery recycling too :)
Plastic is worth nothing; batteries are full of valuable materials. They'll get recycled, unless these materials aren't valuable in the future. Which I doubt.
So, what is the recycling state of EV’s largest market, China?
Probably light years ahead of America like pretty much very Chinese industry
STOP MENTIONING GM!!!!!!!!! THEY ARE NOT LEADING THE EV CHARGE!!!!
Thank you for this great piece, and I am hoping the best work from these guys and safety from any evil competitors.
“Subsidary” 5:30
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it. Investing is a long-term game. It's just hard to focus on the long term playbook when I'm already in a massive loss
I'm in the same situation as you and I can’t seem to focus on the long run when I should be retiring in 3years. I’ve got good companies in my portfolio and a good amount invested, but profits keeps stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
I don't know the type of investor you are and the companies you've bought but I can safely say you're not holding the best companies. Chances are you also don't have an advisor, which is exactly why you don't know when to buy and when to sell. There's no way you will have an advisor dig out important opportunities for you and still be on the same losing end. I went from an intermediate portfolio of $50,000 to a now huge account of $600,000 in a couple of months after going through so many losses like you. Settled my debts and paid my rent. The profit hits my bank account every week. The answer to your question might be Kathleen Carole Yanelli . She is the advisor who did the magic and presented me with a wide range of investment opportunities in different asset classes and yielded maximum profit.
@@veniceblackwood2931 Impressive, I've been in a similar situation for a while. I feel trapped. I don't want to sell at loss, at the same time, my assets are stagnated. mind if I asked how to reach Kathleen? I've heard many good things about this particular Kathleen and the success of her performance seems to be very resounding.
@@corneliajennins5714 Do Look her name up on the web and thank me later 🤗
@@corneliajennins5714 Look her up. Yeah
People are investing in lithium and electric batteries, and that’s fine, but the bigger thing is what happens for when they are done?
The bigger thing in my mind is recycling and making sure that they do not pollute our waterways- and we are going to have to safeguard the environment and keep it out of landfills.
The biggest problem isn’t making lithium batteries, it’s all the e-waste and battery waste that is coming
The big question is: is there anybody that can separate lithium from carbon from aluminum from copper?
Is it cheaper than Argentina and China or Africa price?
What about Ford? The Lightning and the Mach-E are selling well.
9:40 T junk and payment terms bad, who would have thought! Junk product = junk business! 🤣🤣🤣
Wonderful, next step is standardizing EV batteries.
as a mechanic I discuss the problems with electric cars in depth on my home page vid
redwood materials recycles all kinds of lithium batteries . many from stuff like cell phones. i don't see that with these guys.
Redwood burns the batteries. They recycle like China 😂
Aquametals does lithium and other metals CLEAN refining. buy their stock!!!!!!
I would like to see what the emissions are relating to this? Next day delivery and all that 😅
A very good point Sir.
It all depends on how you create your energy in the first place.
Where I live (in Australia) we have weeks on end where there are zero emissions for all of our energy consumption across millions of homes, industry, and infrastructure alike due to our progressive government's push to increase wind, solar, and energy storage. Once we get to 150% renewable energy then we can re-awaken industries that have long since closed (or invite progressive new ones) due to rising costs and cheaper production based mainly in China. The extra 50% is included as a redundancy for when the wind doesn't blow and the sun doesn't shine, in the very same way that out coal and gas fired generators have an extra 50% redundancy for maintenance and breakdowns etc.
Having personally worked in the mining and energy industry for many years, I have personally seen the changes over time as we transition away from one system and towards another. That being said it's interesting to hear the amount of 'noise' coming from the sector's that have not anticipated the transition and the message that they spread. Very interesting times indeed👍
Omg. The people who need to see this won’t, but this is not only amazing human ingenuity but it is what happens when capitalism works.
Former Tesla executive has Elon's blessing running a company that aims to recycle Tesla's old batteries. This is a nascent industry and more will sprout up the more people adopt EVs.
interview voice volume is much louder than narrator's voice volume. Disappointing production quality for large network.
this is awesome
First glance: 100% thought the thumbnail pic was of the grim reaper.
What percentage of the battery is recyclable ?
Remember the plastic recycling myth ? What percentage of plastics are recycled? Hardly any.
You can't recycle the toxic parts. Lithium, cobalt, etc.
0:47 Great laugh