Battery Resources, based in Worcester, Massachusetts, made the announcement Wednesday, saying it would take over an existing building in Covington and ramp-up to full operation by August.
The company is betting that the battery supply chain, now concentrated in Asia, is about to spread out to other regions and that its recycling process will be cleaner and cheaper than mining new materials.
“Automotive manufacturers are sitting on mountains of discarded batteries and scrap, and right now they have very few options for responsible and cost-effective disposal,” Battery Resources CEO Michael O’Kronley said in a statement.
This story is from the AppleMagazine #532 edition of AppleMagazine.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
Already a subscriber? Sign in
This story is from the AppleMagazine #532 edition of AppleMagazine.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
Already a subscriber? Sign in
Apple Introduces New Pastel Yellow Color Option for iPhone 14
Apple has added a new pastel yellow color option to its iPhone 14 and 14 Plus lineup, which will be available for pre-order starting from March 10.
Why Tiktok's Security Risks Keep Raising Fears
TikTok is once again fending off claims that its Chinese parent company, ByteDance, would share user data from its popular video-sharing app with the Chinese government, or push propaganda and misinformation on its behalf.
MONEY: IS BEING A LANDLORD WORTH IT?
Real estate has been a popular investment for a very long time — for those who can afford it. But in recent years, trends such as house flipping, “house hacking” (living in one room of a property while renting out the others) and short-term vacation rentals have made real estate investment much more accessible, especially for millennials seeking a second-income stream in an uncertain economy.
DIGITAL LITERACY: CAN THE REPUBLIC 'SURVIVE AN ALGORITHM'?
Shawn Lee, a high school social studies teacher in Seattle, wants to see lessons on the internet akin to a kind of 21st-century driver’s education, an essential for modern life.
GOOGLE SUSPENDS CHINESE SHOPPING APP AMID SECURITY CONCERNS
Google has suspended the Chinese shopping app Pinduoduo on its app store after malware was discovered in versions of the app from other sources.
NEW 'SHAZAM!' HAS MORE EVERYTHING, BUT LESS CHARM
Sequels, by nature, are more. Whatever the original had, just add more, the rule seems to be. Even more words in the title — how often is a sequel’s title shorter than the original?
GAMESTOP LEADS MEME STOCK RALLY IN PANDEMIC TRADE COMEBACK
Meme stocks jumped this week after GameStop, one of the most heavily traded off-brand stocks during the pandemic, posted a surprise profit for the fourth quarter, its first quarterly profit in two years.
AMAZON CUTS 9,000 MORE JOBS, BRINGING 2023 TOTAL TO 27,000
Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff this week.
CRUISE WANTS TO TEST SELF-DRIVING CARS ALL OVER CALIFORNIA
General Motors’ Cruise autonomous vehicle unit asked California for permission to test the cars across the entire state.
IOS 16.4 HINTS AT UPCOMING AIRPODS 4 & NEW CHARGING CASE
Apple has recently rolled out the iOS 16.4 Release Candidate (RC) for developers and beta testers, containing references to the next-generation AirPods 4 and an updated charging case.
