Their proprietary process disassembles batteries, shreds and separates components into black mass, plastic flakes, and metal pellets, then employs hydrometallurgical treatment to extract lithium, nickel, and cobalt with a 95% recovery rate and 75% fewer greenhouse gas emissions. This closed-loop technology produces battery-grade materials and adapts to various lithium-ion chemistries across the recycling chain.
State-of-the-art recycling facilities including a commercial plant in Saint-Bruno-de-Montarville execute their proprietary hydrometallurgical process to produce battery-grade lithium, nickel, and cobalt from end-of-life and production scrap.
In 2024, Lithion completed its first commercial recycling plant in Saint-Bruno-de-Montarville and secured multi-year battery feedstock agreements with international corporations. Plans include opening a hydrometallurgy plant in Quebec in 2025.
Series A was led by IMM Investment Global Limited, with participation from Fondaction, GM Ventures, and Investissement Québec. In 2024, the Quebec government invested $15M in equity and $7.5M in grants.
