Mangrove Lithium plans to make green lithium refining a reality!￼
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As a high-quality NMP (N-methylpyrrolidone) solvent supplier in China’s new energy industry, WIT FENGZE&ZESHENG has been paying attention to the actions of major brands in the global battery production and supply chain. Recently, the editor learned that major auto brands are deploying new battery factories all over the world, because everyone does not want to be choked by the “tiger” of “battery shortage” again. Not only that, multiple lithium-ion battery recycling brands have begun to emerge, and Mangrove Lithium has also proposed a plan to “make green lithium refining technology a reality”. What is Green Lithium Refining Technology? How does it help the new energy industry? How does Mangrove Lithium want to achieve this? Please see the industry information carefully organized by the editor:
BMW i Ventures has announced to the world their new initiative that is to make a lead investment in the Series A-1 financing round of Mangrove Lithium.Its target is in favor of Mangrove Lithium’s green lithium refining technology!
What is Mangrove Lithium? Mangrove is a ground-breaking refining platform that operates in the space between lithium extraction and What is Mangrove Lithium? Mangrove is a ground-breaking refining platform that operates in the space between lithium extraction and cathode manufacturing and redefines the industry standard for battery grade lithium refining. I just like these big players in the industry, cause they always come to “redefining the industry standard of XXX”. Mangrove Lithium’s lithium refining technology can be identified as a major breakthrough for the new energy industry. Because their electrochemical process eliminates the need for carbonate plants, it reduces the operating costs and time associated with converting the feedstock to lithium carbonate for the first time. The immediate impact is to increase lithium production capacity to meet growing battery demand. It is understood that Breakthrough Energy Ventures, an existing investor in Mangrove Lithium, has also joined BMW i Ventures, indicated that green solutions such as lithium refining technology are indeed matching the current market demand.
As a high-quality NMP (N-methylpyrrolidone) supplier in the new energy industry, WIT FENGZE&ZESHENG will also create green industry sAs a high-quality NMP (N-methylpyrrolidone) supplier in the new energy industry, WIT FENGZE&ZESHENG will also create green industry solutions for partners after supplying NMP solvent to the battery factory, and tailor the NMP waste gas recovery system that matches the battery factory. WIT FENGZE&ZESHENG is simiar to Mangrove Lithium in terms of action adhering to the theme of green environmental protection and the determination to implement the concept of green environmental protection. Mangrove Lithium’s green lithium refining technology enables its renewable energy site to have almost no footprint of carbon and most harmful reagents; while WIT FENGZE&ZESHENG’s NMP waste gas recovery system can also centrally recover NMP waste gas generated during battery manufacturing and reuse it to prevent harm to the environment and human beings.
“Our vision is to making green lithium refining a reality,” said by Saad Dara, CEO of Mangrove Lithium.
“Our modular approach enables us to adapt production capacity in a flexible way. By eliminating an entire conversion step in the process, we save cost and energy, making projects feasible that otherwise would not be financially viable.The ability to cut CapEx and OpEx, will be boosting investment rates of return and solidifying project bankability.”The new funding from BMW i Ventures will be used to start the first commercial factory. We are looking forward to the realization of green lithium refining technology, and looking forward to the continuous evolution and upgrading of WIT FENGZE&ZESHENG’s NMP purification process and NMP waste gas recovery process,so that they will bringing good news to the new energy industry.