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The Hidden Economic And Environmental Cost Of EV Batteries And How To Create A Sustainable Circular Economy

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–News Direct–

By Faith Ashmore, Benzinga

The global push towards electric vehicles (EVs) represents a pivotal shift in efforts to reduce carbon emissions worldwide. In 2022, transportation was responsible for approximately 50% of greenhouse gas emissions and 80% of air pollutants in California. For Californian lawmakers, the solution was simple a policy to advance carbon neutrality by phasing out the sale of vehicles powered by fossil fuels. While electric vehicles (EVs) are a great way to help decrease carbon emissions, what many are unaware of is that the battery industry is still a contributor to waste and pollution.

There are some challenges when using EV batteries as a solution to achieving carbon neutrality, due to the environmental impact caused by the mining and refining processes of materials such as nickel, manganese, cobalt, lithium and graphite. The production of anode and cathode active materials also involves energy-intensive processes that contribute to greenhouse gas emissions.

However, while the lifecycle of EV batteries does generate waste, the overall environmental impact is less than that of fossil fuel-powered vehicles. Thats why embracing the recycling of batteries is crucial to overall sustainability. However, even the battery recycling industry is facing challenges in achieving sustainability. Some companies, such as Aqua Metals (NASDAQ: AQMS), are looking to change that.

Aqua Metals: Addressing Challenges Faced By The Recycling Industry

Traditionally, battery recycling has relied on methods like hydrometallurgy, which, while somewhat effective in recovering valuable metals, comes with significant environmental drawbacks. These methods use large quantities of chemicals that lead to substantial waste production, primarily sodium sulfate.

In response to these challenges, Aqua Metals has pioneered a radically different approach to battery recycling that it says aligns with the principles of a circular economy. By electrifying the recycling process, Aqua Metals patented AquaRefining technology eliminates the need for harsh chemical reactions used in traditional metal recovery. This innovative approach not only reduces the embedded emissions from chemical use but also entirely avoids the production of sodium sulfate waste.

Sodium Sulfate Waste

Aqua Metals shares that in the recycling process of lithium batteries, the main waste material is sodium sulfate, which is a byproduct of the chemical reactions used to separate metals during certain processes. To put it in perspective, Aqua Metals says a typical battery recycler generates around 2 to 2.5 tonnes of sodium sulfate for every tonne of battery material recycled. Considering that only 50% of the battery material contains valuable substances such as lithium, nickel, cobalt, copper and manganese, the company reports that this means that the amount of waste produced is four to five times greater than the valuable materials recovered. In other words, the recycling process falls short of true recycling and instead contributes to pollution with a small stream of recovered metals.

While regulators arent yet cracking down on these recycling issues, inefficient and polluting recycling practices are at risk of facing obstacles and threats as regulations do evolve to address these issues. While moving away from fossil fuels is an essential part of staying below the 2 Celsius threshold that scientists around the world are urging leaders and industries to adhere to, its also critical when thinking about how to change existing practices to effectively evolve into sustainable ones.

Can The EV Battery Industry Become More Sustainable?

Recycling batteries is part of the answer, but sustainable recycling is key. Companies like Aqua Metals are at the forefront of this transition, redefining the recycling landscape with innovative technologies that are helping deliver a path to net-zero battery recycling. The companys AquaRefining method significantly enhances the sustainability of the recycling process, offering numerous benefits, such as:

1. Reduced Environmental Impact: By eliminating chemical waste, AquaRefining drastically cuts down the pollution typically associated with battery recycling, helping to preserve ecosystems and reduce landfill usage.

2. Economic Efficiency: With lower operational costs due to the absence of chemical handling and waste disposal requirements, the company says AquaRefining presents a more cost-effective solution for recycling batteries. This efficiency is particularly advantageous as the global demand for batteries increases, necessitating more robust and economical recycling solutions.

3. Support for Domestic Supply Chains: AquaRefining contributes to building domestic supply chains for critical battery materials. As more countries and companies look to reduce dependencies on foreign mineral sources, having a reliable, domestically produced supply of recycled materials is invaluable.

The environmental and community impacts of sourcing critical minerals for the clean energy economy are well documented. By pioneering advancements in sustainable recycling technology, we are enabling the circular battery economy and decarbonizing large portions of the clean energy supply chain, setting a new paradigm for the industryone that minimizes the environmental impacts of critical minerals and offers equitable economic opportunities to host communities. These principles of a circular economy are essential to achieving our most ambitious goals to combat climate change and provide a blueprint for an inclusive energy transition that respects both the planet and its people, shares Aqua Metals Chief Business Officer, Dave McMurtry.

The company recently received the title of 'Leader in Sustainability' bestowed by the Economic Development Authority of Western Nevada (EDAWN) as part of its Existing Industry Awards. Its sustainable processes have garnered praise from U.S. Congressman Amodei and U.S. Senator Cortez-Masto, as well as accolades from the Office of Nevada Lieutenant Governor Anthony. Aqua Metals' pivotal approach to a sustainable circular supply chain for essential minerals is helping transform recycling as we know it.

Given the increasing reliance on battery technology and the imminent task of recycling millions of tons of lithium-ion batteries in the future, the implementation of eco-friendly recycling practices is critical. As the industry continues to evolve, Aqua Metals' innovative recycling process could not only offer a blueprint for future developments but also demonstrate the practical viability of environmentally friendly technology. By reducing the ecological footprint of battery recycling, Aqua Metals is not just processing materials it is shaping the future of energy and sustainability.

Featured photo by Josh Power on Unsplash.

Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.

This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.

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View source version on newsdirect.com: https://newsdirect.com/news/the-hidden-economic-and-environmental-cost-of-ev-batteries-and-how-to-create-a-sustainable-circular-economy-180439948

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Press Release

Bitboard Coin Announces First Beta Service Launch After Development Completion

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Mahe, Seychelles, 23rd Oct 2024 – Bitboard (BB) Coin has completed the development of its core services and launched a beta service on its own test network, Testnet, before its official launch on the Polygon Network. The beta service, accessible at w.bitboard.in, is open for anyone to test. Various tests are planned to provide a more refined service by the official launch in early 2025, including making the beta test service publicly available.

Users can vote and stake using the following public wallet address:
Test public wallet address 12-word passphrase: *remove person dismiss dial flush pull predict disease casual head novel hood*

Sending more than five coins and voting more than five times is prohibited. To participate in voting, select BB in the public wallet, choose the transfer menu, and then select login at the bottom.

About Bitboard (BB) Coin
Bitboard (BB) Coin is an innovative project that combines blockchain technology with the entertainment industry and fandom culture, offering a new experience to fans worldwide. BB Coin goes beyond the typical functions of cryptocurrency by providing a unique platform where fans can interact with their favorite stars and receive rewards. 

Bitboard (BB) Coin was listed on the MEXC exchange on September 17, 2024, allowing users worldwide to trade it. This listing is expected to enhance BB Coin’s liquidity and recognition, marking a significant milestone for its global market expansion.

Fandom-Based Voting System
Bitboard Coin provides a new entertainment experience for both existing cryptocurrency users and the general public, even those unfamiliar with cryptocurrencies. Fans can vote for their favorite stars using BB Coin, and the coins used for voting can be reclaimed along with profits. This increases fan engagement and maximizes the utility of the coin.
Fans can vote for their favorite stars using BB Coin, and the coins used for voting are not consumed, allowing them to be reclaimed along with profits at any time. Additionally, fans can track the real-time rankings of stars through the “Bitboard Chart,” which displays live voting results.

Reward Mechanism
Fans can earn profits based on the ranking of the stars they vote for. The higher the ranking, the greater the profits, encouraging active participation. This reward structure emphasizes the role of fans not only as consumers but also as participants who can earn real rewards.

Global Fandom Connection
Bitboard focuses on building a global fandom ecosystem that connects fans worldwide. This platform allows fans to communicate across borders, share creative works, and get closer to their favorite stars. Fans can use BB Coin to create and expand their own digital fandom space in the global fandom world.

To learn more about Bitboard Coin, visit: https://bitboard.top/

Media Contact

Organization: Bitboard Coin

Contact Person: Hoon Lee

Website: https://bitboard.top/

Email: Send Email

City: Mahe

Country: Seychelles

Release Id: 23102418821

The post Bitboard Coin Announces First Beta Service Launch After Development Completion appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Kazakhstan has been selected as a Top Country within Lonely Planet’s Best in Travel 2025 list

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Astana, October 23, 2024 — Lonely Planet, a leading international travel media, has named Kazakhstan as one of the best countries to visit in its annual Best in Travel 2025 rankings.

Each year, Lonely Planet’s experts carefully select the destinations based on recommendations from travelers, staff, writers, and other industry professionals. In 2025, Kazakhstan was chosen for its rich history, diverse landscapes, and unique cultural heritage, setting it apart from other countries.

Nitya Chambers, Senior Vice President of Content and Executive Editor at Lonely Planet, noted: “Best in Travel 2025 is the latest edition of Lonely Planet’s annual love letter to the world. While mindful of our responsibilities and impact as travelers, we’re proud of the destinations, journeys and experiences featured here, and are excited to share the local expertise and insight at the heart of these recommendations. Wherever you are in the world, we’re confident Best in Travel brings fresh inspiration for the year ahead.”

Yerzhan Yerkinbayev, Vice-minister of Tourism and Sports of the Republic of Kazakhstan welcomed this recognition, stating: “Kazakhstan’s inclusion in Lonely Planet’s Best in Travel 2025 highlights the country’s growing appeal as a travel destination and opens new opportunities for promoting its unique cultural and natural heritage on the global stage. Kazakhstan, with its bold approach, continues to develop sustainable tourism. We are committed to offering visitors authentic experiences that showcase the true essence of Kazakhstan’s heritage.”

Kazakhstan, which earned a place on this prestigious list, is described as a country where ancient traditions blend with modernity, offering something unique for every visitor. In the Lonely Planet publications, it states: “Kazakhstan is not just a place to visit; it’s a world to enter, a journey to undertake and a story to become a part of, with ghosts from the Silk Road whispering across the vast steppes that surround Kazakhstan’s cities still uncrowded by tourists.” Make modern Astana, which is the capital of the country, your starting point for a Kazakh adventure, and then roam the rough, wild mountains and steppe in Burabay resort, visiting ancient trading towns as Turkistan, dive into Caspian Sea and complete your journey in Almaty, gastronomy hotspot of Central Asia”.

Best in Travel is a landmark event for the global travel community, showcasing the most exciting and inspiring destinations for exploration. In 2025, the annual ranking celebrates its 15th edition, with a focus on countries and regions that offer unique experiences and demonstrate a commitment to sustainable tourism principles.

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BYDFi to List GOAT Token, Exclusive Rewards for New Traders

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BYDFi, one of Forbes’ top 10 Crypto Exchanges, has announced the listing of Goatseus Maximus (GOAT) .

Celebrating this new listing, BYDFi is offering exclusive, limited-time rewards to both new and existing traders: share 2,000 USDT bonus + 1,000 GOAT!

Full details about these rewards and how to qualify are available on [official announcement].

What is Goatseus Maximus (GOAT)?

Goatseus Maximus (GOAT), the first meme coin on the Solana blockchain managed by an artificial intelligence known as “Truth of Terminal,” is breaking new ground in the world of digital assets. With a significant investment from Marc Andreessen(co-founder of a16z), GOAT has gained notable backing that highlights its potential to reshape the digital economy. The token is currently trading at $0.4316/ token with an impressive market capitalization of $432,79M. Despite its recent launch in the crypto market just a few days ago, Goatseus Maximus has quickly become the talk of the crypto town. One reason is that its coin price has surged 10,000 times in the past five days.

About BYDFi

Established in 2020, BYDFi is a top-tier crypto exchange recognized by Forbes and trusted by millions of users worldwide. Endorsed by CoinMarketCap and CoinGecko, it is known for its professionalism, innovation, and exceptional security. The platform offers more than 600 cryptocurrencies for spot trading and advanced options like 200x leverage on perpetual contracts. BYDFi prioritizes user security, provides 0% trading fees, and facilitates easy crypto purchases in partnership with Banxa, Transak, and Mercury. Its wide range of trading tools enhances the trading experience and makes BYDFi an ideal choice for crypto traders worldwide.

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BYDFi Media Manager

Chloe@bydfi.com

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