News Release Highlights:
LIBRT and BJPN have reinforced their collaboration to further develop advanced lithium-ion and EV battery diagnostic and rebalancing technology, aiming to enhance battery health, performance, and longevity.
LIBRT and BJPN are progressing toward the development of Prototype 2.0, with an anticipated delivery by April 2025. The next-generation prototype aims to diagnose and improve lithium-ion and EV battery performance, extending battery lifecycles, with testing and validation to follow.
The Second Amended Agreement clarifies intellectual property ownership, updates payment obligations, and establishes exclusive licensing rights for both parties, facilitating smoother development and future commercialization efforts.
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News Release Highlights:
Extended Research Partnership with Global Top 20 Ranked University: Battery X Metals has amended and extended its collaboration with a global Top 20 ranked university to advance the development of its proprietary eco-friendly battery-grade material recovery technology.
Proprietary Eco-Friendly Battery-Grade Material Recovery Technology: The collaboration focuses on optimizing Battery X Metals' proprietary eco-friendly froth flotation process, a sustainable and energy-efficient method for recovering critical battery-grade materials such as graphite, lithium, nickel, and cobalt from black mass. This technology aims to enhance battery-grade material recovery while reducing environmental impact and energy consumption.
Commitment to Clean Energy Transition & Sustainability: Battery X Metals' innovative lithium-ion battery recycling technology aligns with global efforts for cleaner energy by ensuring a steady supply of critical battery materials essential for electric vehicle (EV) battery production. This eco-friendly process supports both sustainability and economic growth in the clean energy transition.