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Stellantis and Orano signed a memorandum of understanding to establish a joint venture for recycling end-of-life electric vehicle batteries and scrap from gigafactories in Europe and North America. The partnership aims to recover cobalt, nickel, and lithium for reuse in new batteries.
“The joint venture capitalizes on Orano's innovative, low-carbon technology, which breaks with existing processes, allowing the recovery of all materials from lithium-ion batteries.”streetinsider.com
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