Lithion Technologies stands as a prominent innovator in sustainable battery recycling, specializing in the recovery of strategic materials from lithium-ion batteries. Established in 2018 and based in Montreal, Canada, the company has developed advanced processes for extracting valuable components from end-of-life batteries and production scrap. Their mission focuses on supporting the global energy transition by treating used batteries as valuable resources, often described as “urban mines.” Through their state-of-the-art facilities and innovative hydrometallurgical processes, Lithion Technologies contributes significantly to reducing environmental impact while meeting the growing demand for recycled battery materials.
Battery Technology
Lithion Technologies’ proprietary process achieves an impressive 95% recovery rate of battery components, setting new standards in the industry. Their technology consists of three main phases: First, the careful disassembly of battery units into their constituent parts. Second, a specialized shredding and separation process that creates black mass, plastic flakes, and metal pellets. Finally, an advanced hydrometallurgical treatment extracts valuable materials including lithium, nickel, and cobalt.
The company’s process generates 75% fewer greenhouse gas emissions compared to traditional recycling methods, making it an environmentally responsible choice. Their technology allows for the extraction of battery-grade materials that meet strict quality requirements for reuse in new battery production. This closed-loop approach supports sustainable manufacturing practices while reducing dependence on primary resource extraction.
Through continuous innovation, Lithion Technologies has developed methods to process various types of lithium-ion batteries, adapting their techniques to handle different chemistries and formats. Their solutions address the entire recycling chain, from collection and sorting to material recovery and refinement.
Recent Projects
In December 2024, Lithion Technologies completed construction of their first commercial plant in Saint-Bruno-de-Montarville, near Montreal. This facility marks a significant milestone in their expansion strategy. The company secured multi-year battery feedstock agreements with several international corporations, strengthening their position in the global market.
In June 2024, they received $22.5 million in funding from the Quebec government, including a $15 million equity investment and $7.5 million in grants. These funds support their ongoing facility development and technology advancement initiatives. Plans for 2025 include opening their first hydrometallurgy plant in Quebec.
Investors
Lithion Technologies has attracted substantial investment from notable partners. IMM Investment Global Limited led their Series A financing round, joining the company’s Board of Directors. Additional support comes from Fondaction, a Quebec-based investment fund, and GM Ventures, the investment branch of General Motors. The Quebec government has demonstrated strong commitment through Investissement Québec’s equity participation and environmental grants, reinforcing the company’s strategic importance in the region’s economic development.
Business Details
Location: Anjou, Montreal, Quebec, Canada
Website: https://lithiontechnologies.com
LinkedIn: https://www.linkedin.com/company/18920504
