Financial News

Swedish Scientists Find Promising Way to Recover Minerals from Discarded EV Batteries

Electric vehicle battery metals are poised to see a major increase in demand over the next couple of decades, thanks to soaring EV adoption. Minerals such as lithium, graphite and cobalt are critical to the development of EV batteries, but their production is almost completely reliant on Chinese companies, something that has left Western pundits and lawmakers extremely worried. Furthermore, the lack of efficient battery recycling techniques makes it incredibly difficult to reuse EV battery minerals and places even more pressure on the world’s already strained supply.

According to a team of Swedish researchers, they may have developed a technique that could allow the auto industry to recycle old electric vehicle batteries and…

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NOTE TO INVESTORS: The latest news and updates relating to Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are available in the company’s newsroom at https://ibn.fm/RFLXF

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