Fortum Battery Recycling Oy & Marubeni Corpo­ration Sign Memorandum of Under­standing Demand for Recycled Raw Materials

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Fortum Battery Recycling Oy & Marubeni Corpo­ration Sign Memorandum of Under­standing Demand for Recycled Raw Materials
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Fortum Battery Recycling and Maruben corporation address battery recycling in partnership demand for raw materials grows

Fortum Battery Recycling has entered into a preliminary agreement and signed a memorandum of understanding with Marubeni Corporation to jointly build a sustainable lithium-ion battery recycling chain, focusing on graphite recycling.

“We are very excited to be cooperating with Marubeni to explore potential business opportunities within graphite recycling. An average electric vehicle car battery contains about 52kg of graphite, and it is the main raw material of an EV battery. At the same time, 40% of raw natural graphite is imported from China and technologies for graphite recycling do not exist on a commercial scale yet.

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