For Immediate Release
HOUGHTON, MI – December 22, 2023 – Revex Technologies, a supplier of critical battery materials, will collaborate with Michigan Technological University to develop innovative manufacturing and material processing technologies for incorporation into its planned operations.
Michigan Technological University has extensive expertise and infrastructure applied to several sponsored research and development projects currently underway directed at sustainable processes to supply critical minerals including battery recycling and mine waste beneficiation. Now, through a new master cooperation agreement, Revex Technologies will collaborate with Michigan Tech to follow through on technology development, infrastructure, student engagement, and talent development opportunities related to Revex’s planned commercial critical minerals processing operations.
“Revex is proud to partner with Michigan Tech on sustainable technologies that will create domestic critical mineral solutions for energy transition including the EV battery supply chain”, said John Rockwell, CEO of Revex. “Michigan Tech’s research will have potential to add additional benefits to Revex’s current processing solution.”
Revex is aggressively pursuing the launch of its critical mineral processing facilities utilizing reclaimed mine waste and recycled batteries. The use of secondary and unconventional sources, and recycling, will help meet future mineral demand.
“We will utilize these waste materials to first create green nickel concentrate (and new byproducts) which will be further refined into class I nickel for the lithium-ion battery supply chain. It’s a circular solution that reduces use of virgin material supply and integrates upstream extraction with midstream processing and downstream recovery and recycling”, said Rockwell. Revex plans to start construction in 2024 of its mine tailings waste reclamation facility, the first of three facilities to ultimately process and refine battery grade nickel and other critical minerals.
The collaboration with Michigan Tech will support development and demonstration of innovative synergized battery recycling and metal refining technology to achieve product demonstration and process validation. Discoveries from Michigan Tech’s research will have the potential to benefit Revex’s process and commercialization. “Michigan Tech is pleased to partner with Revex Technologies, a company on the leading edge of sustainable domestic processing and refining of critical minerals”, said Jim Baker, Associate VP for Research Administration. “Our research and discoveries in this area are enabling innovation and support societal well-being by advancing supply chain security and energy transition. We look forward to favorable developments as we move forward together with Revex.”
Domestic critical mineral extraction and refined materials availability (for battery components) remain the key challenges to the entire Li-ion battery and EV industry supply chain. Secondary resources such as end-of-life lithium-ion batteries contain recyclable battery metals including nickel, lithium, and cobalt. Recovering battery metals from secondary feedstocks, and reprocessing of mine tailings reduces the environmental footprint, and contributes to sustainability of the industry.
About Michigan Tech University
Michigan Technological University is a public research university founded in 1885 in Houghton, Michigan, and is home to more than 7,000 students from 55 countries around the world. Consistently ranked among the best universities in the country for return on investment, Michigan’s flagship technological university offers more than 120 undergraduate and graduate degree programs in science and technology, engineering, computing, forestry, business and economics, health professions, humanities, mathematics, social sciences, and the arts. The rural campus is situated just miles from Lake Superior in Michigan's Upper Peninsula, offering year-round opportunities for outdoor adventure.
About Revex Technologies
Revex Technologies will be a leader in sustainable production of critical minerals, essential for the clean energy transition. Our proprietary processing capability, leveraging flexible feedstocks including mine ore concentrate, mine tailings (waste), and recovered Li-Ion battery materials addresses a domestic supply chain vulnerability by establishing a low-emission and scalable domestic solution for refining of critical minerals. We are partnering with the primary industry of mining to integrate midstream processing and upstream extraction. Revex is reshaping the critical minerals economy. For more information about Revex and its initiatives, please visit www.revextech.com.
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Contact
Carolyn Yarina
Revex Technologies
[email protected]
906-370-3975
https://revextech.com/