Fivrec is a company based in Kaunas, Lithuania, established in 2020 with a focus on the sustainable recycling of lithium-ion batteries. The company plays a role in the circular economy by recovering critical materials from batteries that have reached their end of life. Fivrec’s mission is to support the shift towards cleaner energy and reduced carbon emissions by providing a reliable source of recycled metals essential for new battery production and green technologies. Their method aims to minimize the environmental impact often associated with traditional mining and raw material extraction. Fivrec positions itself as a partner in making battery recycling more accessible and efficient for businesses and consumers alike, contributing to a more sustainable future.
Battery Technology
Fivrec provides a specialized service within the battery market focused on the recovery of valuable materials from spent lithium-ion batteries. Their technology centers on a multi-step process designed for material separation and refinement. Following collection and initial sorting based on battery type and chemistry, batteries undergo mechanical processing, including shredding, to separate components like plastics and metals and to produce “black mass.” This black mass, a powder containing the active materials, is then treated using a hydrometallurgical process. This involves using chemical solvents to dissolve the metals within the black mass, allowing for the isolation and recovery of critical elements.
The recovered metals, including lithium, cobalt, nickel, manganese, and graphite, are then refined to a purity suitable for reintegration into the manufacturing of new batteries and related products, completing the material loop. This process allows Fivrec to efficiently extract materials necessary for electric vehicles, consumer electronics, and renewable energy systems.
Recent Projects
Fivrec is involved in projects aimed at advancing battery recycling processes. One notable project is “Green Experiment,” which is focused on developing new techniques for recovering lithium metal from black mass. This project highlights Fivrec’s efforts to innovate within the recycling process and improve the efficiency of material recovery. These initiatives are part of broader European sustainability efforts and reflect the company’s commitment to developing advanced recycling methods for lithium-ion batteries.
Investors
Publicly available information does not disclose specific details regarding Fivrec’s investors, venture capital participation, or funding rounds.
Business Details
Location: Kaunas, Lithuania
Website: https://fivrec.com/
LinkedIn: https://www.linkedin.com/company/98979999
