Caterpillar Invests in Battery Recycling Technology Developer Nth Cycle to Promote Metal Reuse

Telah Terbit: Dec 13, 2023 15:22
Recently, Caterpillar is investing in battery recycling technology developer Nth Cycle as part of its efforts to promote the reuse of metals in batteries and construction equipment. According to information, Nth Cycle is headquartered in Massachusetts and aims to develop the portable Oyster system, which selectively extracts nickel and cobalt metals from waste using electrochemical methods. Each Oyster plant is expected to process 3000 tons of materials per year, producing 300 to 500 tons of nickel and cobalt metals annually.

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