LiCycleTech
Elevator Pitch: LiCycleTech harnesses cutting-edge science to revolutionize lithium recovery, turning industrial waste into a valuable resource. Our sustainable and efficient process extracts lithium from slag, feeding the insatiable demand of the battery industry while protecting the planet. Partner with us to power the future, sustainably.
Concept
Innovative Lithium Recovery from Industrial Waste Slags
Objective
To provide a sustainable and efficient recycling process for the extraction of lithium from industrial waste slags, reducing environmental impact and meeting the growing demand for lithium in the battery industry.
Solution
Using an optimized flotation technique based on research findings to separate and enrich lithium aluminate (Li-bearing EnAMs) from slag waste, which traditionally contains valuable lithium resources.
Revenue Model
Sales of purified lithium to battery manufacturers, service fees for processing slags from recycling companies or industrial producers, and licensing of proprietary technology to other regions or companies.
Target Market
Battery manufacturers, e-vehicle companies, electronics manufacturers, recycling companies, and industries generating slag waste like steel production.
Expansion Plan
Start with local recycling operations and scale by establishing partnerships with major recycling and manufacturing companies, then expand to international markets.
Potential Challenges
Developing cost-effective and high-efficiency flotation processes, managing industrial partnerships, and scaling the operation to handle large amounts of slag.
Customer Problem
The scarcity and environmental impact of lithium mining coupled with the cost and inefficiency of current lithium recovery methods from industrial waste.
Regulatory and Ethical Issues
Compliance with environmental regulations for waste management and recycling processes, ensuring sustainable and ethical sourcing of materials.
Disruptiveness
Revolutionizing lithium recycling with a proprietary, efficient flotation process that conserves resources, reduces environmental damage, and offers a local alternative to raw lithium mining.
Check out our related research summary: here.
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