What is the story about?
What's Happening?
Livium has entered into a partnership with Iondrive to utilize deep eutectic solvent (DES) technology for recycling clean energy waste. This collaboration aims to evaluate recovery pathways and commercial scalability by supplying Iondrive with waste streams from solar panels, lithium-ion batteries, and rare earth magnets. Livium will retain stakes in sample generation, while Iondrive holds full ownership of DES property. The partnership is set to negotiate binding agreements for processing units over the next 21 months.
Why It's Important?
The partnership between Livium and Iondrive represents a significant step towards sustainable waste management in the clean energy sector. By leveraging DES technology, the collaboration could unlock new recovery pathways, enhancing the domestic processing of clean energy waste. This initiative aligns with global efforts to reduce environmental impact and improve resource efficiency, potentially benefiting industries involved in clean energy and recycling.
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