From Waste To Watts: Dragonfly Energy Leverages Aqua Metals' Recycled Lithium For Sustainable Batteries

Dragonfly Energy Holdings Corp DFLI has used high-purity lithium hydroxide recovered by Aqua Metals Inc AQMS from recycled lithium-ion batteries to manufacture a lithium-based battery cell using its patented dry battery electrode coating technology.

The successful recovery of battery-grade lithium hydroxide and cycle testing of a sustainably manufactured lithium battery cell serves as a significant advancement for sustainable lithium-ion battery production for the companies.

The method can lead to a more circular and sustainable lithium battery manufacturing industry that can tackle the finite and costly nature of battery materials.

"The use of recycled lithium addresses two major initiatives for Dragonfly Energy; it helps close the loop by filling in that all-important recycling component, and it provides a ready and sustainable supply of lithium for use in upcoming cell production," said Dragonfly Energy CEO Denis Phares. 

Aqua Metals, a clean battery recycling innovator also based in Reno, Nevada, recovers high-purity lithium hydroxide from lithium-ion battery 'black mass' which is a metallic mixture of crushed and shredded end-of-life battery cells that contain valuable minerals, including lithium.

The initiative has confirmed that sustainably recycled materials can meet the high standards for advanced battery cell production.

Price Action: DFLI shares are trading higher by 0.55% at $1.78 on the last check Tuesday.