While the battery technology company boasts significant achievements in recycling lithium-ion batteries, they are still grappling with a pre-feasibility study for their lithium hydroxide refinery, indicating that full-scale production is yet to be ready. Although they have received substantial government grants, these are merely icing on the cake, as the reduction in such support might pose significant risks. Moreover, their planned operational downtime to implement plant enhancements could impact short-term profitability. Despite these challenges, they are actively collaborating with universities and corporate partners to push the boundaries of battery design, aiming to secure a leading position in sustainable battery solutions.
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