De Nora consolidates its role in the energy storage market
Industrie De Nora S.p.A. (“De Nora”), an Italian multinational company listed on the Euronext Milan, specializing in sustainable electrochemical technologies and in the emerging green hydrogen industry, has partnered with Mangrove Lithium to supply CECHLO ™ systems. Mangrove will use De Nora's electrochemical technologies in its patented Clear-LiTM technology process to refine lithium, sourced from both mining and the recycling of used batteries, for the production of new batteries, helping to open bottlenecks in the lithium supply chain.
The collaboration with the Canadian company demonstrates the flexibility of De Nora's technological solutions, able to meet multiple market needs, and places the company as a leading partner in lithium electrolysis processes, a key element in the development of energy storage to contribute to a more sustainable future. In fact, the CECHLO electrolyser, traditionally used in the production of chlorine, will be configured in the partnership for lithium production and recovery, realizing a virtuous cycle of this rare metal and facilitating large-scale adoption of electric vehicles by reducing costs and increasing raw material availability.
Mangrove, which includes among its customers various global players throughout the lithium battery production chain, including extractors, manufacturers and battery recyclers, looks to use this technology to lead in the battery material production markets in North America, South America, Europe and Australia. Through the partnership with De Nora, Mangrove will be able to present itself with a more competitive value proposition to the market, meeting the needs of the various players who, by taking advantage of the CECHLO solution, will support the lithium-ion battery market and consequently generate important business growth opportunities.
“We are very proud of this new partnership, which confirms our international visibility and allows us to further expand our target markets, strengthening our positive contribution in the Energy Storage market and confirming De Nora's vocation towards circular economy." - commented Frank Tomaselli, Chief Regional Officer of De Nora North America.
Mangrove CEO, Saad Dara, commented: “Partnering with De Nora for our lithium refining platform and commercial deployments will ensure we can deliver our technology at the highest level of quality and reliability to our customers. We were very impressed by the De Nora facilities, team and operations when we visited them in Japan. Their attention to detail, level of expertise and years of experience will help Mangrove achieve our goals of creating a more sustainable lithium supply chain and unlock bottlenecks that currently exist between lithium extraction and battery manufacturing.”