Ecocycle has recently provided samples of black mass from recycled batteries to the Broken Hill Technology Development Centre, where cobalt, nickel, and manganese—critical components of lithium-ion batteries—were successfully recovered. Through this MOU, Cobalt Blue and Ecocycle have agreed to collaborate further, exploring opportunities to scale-up black mass processing and recover valuable critical minerals for growing domestic and international markets.
Joe Kaderavek, CEO of Cobalt Blue stated:
"This MOU with Ecocycle represents a significant step forward for Australia's battery recycling ecosystem. Our advanced processing capabilities, combined with the supply of black mass from Ecocycle, will enable us to explore and evaluate opportunities around processing domestic black mass into critical minerals to re-enter the battery supply chain. This will address environmental concerns, capitalise on growing demand for critical minerals, reduce reliance on foreign supply chains, create new jobs, and strengthen Australia's position overall as a leader in clean energy technologies”.