SMM Analysis: Lithium Battery Recycling Has Broad Prospects and Waste Lithium Batteries Have Become "Sought-After" Products in New Energy Industry

Sherritt International (TSX: S) has begun shutting down its Fort Saskatchewan refinery after expanded US sanctions on Cuba halted the feedstock supply needed to keep the facility in Alberta, Canada running. The Toronto-based nickel and cobalt producer said the transition follows previous guidance that refinery operations would continue only until mid-June based on available inventory. The company has implemented shutdown procedures and will retain the personnel and resources required to keep the facility in a safe and secure state while operations remain suspended. Sherritt said it is preserving cash, managing costs and preparing the refinery for a potential restart while carrying out maintenance work during the shutdown. The shutdown marks the latest fallout from Washington’s tougher stance on Cuba and highlights the vulnerability of supply chains that depend on the island’s mining sector. Sherritt mined nickel and cobalt at its Moa joint venture in eastern Cuba and processed the material at its refinery near Edmonton.

Cangzhou Mingzhu a annoncé la mise en service complète des lignes de production restantes du projet « Séparateur pour batterie lithium-ion par voie humide de 200 millions de m²/an » de sa filiale en aval Wuhu Separator et du projet « Séparateur pour batterie lithium-ion par voie sèche de 500 millions de m²/an » de Mingzhu Lithium Battery. Avec une capacité annuelle combinée de 700 millions de mètres carrés, ces deux projets renforceront significativement la part de marché et la compétitivité de l’entreprise dans le secteur des séparateurs pour batteries lithium-ion.