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    lithium investing

    Tesla’s Closed Loop (and Profitable) Battery Recycling Hits Europe

    Written by Investing News Network
    |
    Jan. 31, 2011 05:11AM PST

    Earth and Industry reports that Tesla Motors (NASDAQ:TSLA) has launched a closed-loop recycling strategy for its Lithium-Ion battery packs throughout Europe.

    Earth and Industry reports that Tesla Motors (NASDAQ:TSLA) has launched a closed-loop recycling strategy for its Lithium-Ion battery packs throughout Europe.

    The market news is quoted as saying:

    At the end of their life, Tesla will recycle its battery packs at a Umicore facility in Belgium where the Brussels-based materials technology company will be broken down to be reused in batteries and specialized concrete.

    Click here to access the entire news

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