A recycling facility will be built in Kentucky to shred electric vehicle batteries in a $65 million venture
between American and South Korean companies that will supply material for a separate battery-related operation in the same town, the companies announced Tuesday.
The recycling facility will disassemble and shred about 24,000 metric tons of used EV batteries and gigafactory scrap per year — or approximately 56,000 EV batteries yearly, the company said. The exact location for the new facility hasn't been determined, it said. The new facility each year will produce about 12,000 metric tons of black mass — a powder that contains the valuable cathode and anode materials inside an electric vehicle battery, the company said.
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A new battery recycling facility will deepen Kentucky's ties to the electric vehicle sectorA recycling facility will be built in Kentucky to shred electric vehicle batteries in a $65 million venture
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