Japan's Marubeni to extract battery metals with U.S. recycler

Tie-up aims to create stable source of cobalt, nickel for EV supply chain

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Marubeni will embark on a business to extract vital metal compounds from recycled batteries. (Photo courtesy of Marubeni)

MAMORU TSUGE, Nikkei staff writer

TOKYO -- Japanese trading company Marubeni will partner with a U.S. recycler to extract rare metal compounds from discarded batteries, aiming to reduce a source of geopolitical risk in the electric-vehicle supply chain.

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