Technologies Lithion Inc
Lithion Technologies is a Quebec-based private company that uses proprietary hydrometallurgical processes to recycle end-of-life lithium-ion batteries and recover critical strategic materials, serving EV manufacturers, public transit operators, materials buyers, and global factory-licensing partners.
- Company typePrivate
- Founded-
- Headquarters—
- Headcount—
- GTM typeB2B
- OfferingServices
What Technologies Lithion Inc does
Lithion Technologies is a privately held Quebec-based company that recycles end-of-life lithium-ion batteries and recovers critical strategic materials (notably nickel and other minerals) for reuse in new battery production. Its core technology is a proprietary hydrometallurgical process — a chemical leaching and purification method — that extracts and refines battery-grade materials from spent cells, distinguishing it from pyrometallurgical (smelting) competitors. The company operates the Lithion Saint-Bruno commercial factory (completed June 2024) in Saint-Bruno-de-Montarville, Quebec, complemented by a Lithion Centre d'Excellence R&D facility.
The business runs three coordinated revenue streams: (1) direct battery recycling services on a transaction-fee basis for end-of-life battery owners (EV manufacturers, transit operators, enterprises); (2) sale of recovered strategic materials to battery manufacturers as a hardware/commodity revenue line; and (3) global technology licensing and factory deployment, in which partners build and operate their own recycling facilities using Lithion's process IP. Customer segments include battery owners (primary), strategic partners / factory operators (primary), battery material buyers (primary), and the verticals of public transit authorities and EV OEMs. Named enterprise customers include Hyundai (official Canada-wide EV battery recycling partner, announced October 2024) and Nova Bus (electric bus battery recycling, announced December 2024). The go-to-market combines enterprise field sales with a global partner/reseller channel for factory deployment. No revenue, headcount, funding rounds, or capitalization figures are publicly disclosed.
Technologies Lithion Inc firmographics
Firmographics- Name
- Technologies Lithion Inc
- Legal name
- Lithion Technologies
- Website
- https://lithiontechnologies.com
- Company type
- Private
- Operating status
- Operating
- Short description
- Lithion Technologies is a Quebec-based private company that uses proprietary hydrometallurgical processes to recycle end-of-life lithium-ion batteries and recover critical strategic materials, serving EV manufacturers, public transit operators, materials buyers, and global factory-licensing partners.
- Ownership category
- akta.pro rank
Technologies Lithion Inc industry classification
Industry- Product category
- Battery Recycling Services
- NAICS
- Battery Manufacturing (335910)
- SIC
- Refuse Systems (4953)
- akta.pro primary industry
- Hydrometallurgical Recycling & Refining (Leaching, Solvent Extraction, Precipitation) (EUAFACAD)
- akta.pro secondary industries
- Battery Recycling & Materials Recovery (Li-ion, LFP, Flow, Lead-Acid) (EUAMALAE), Battery Materials Refining & Re-Manufacturing Feedstocks (Li, Ni, Co, Mn, Graphite Salts) (EUAIAIAJ), Battery Recycling, Second-Life & Remanufacturing (IMAGAHAL), Collection, Logistics & Reverse Supply Chain (Transport, Sorting, Tracking) (EUAFACAA), Battery Recycling & Management (Lithium-ion, Lead-acid) (BPALAIAF), Lithium-ion Battery Recycling (Mechanical, Hydro, Direct Recycling) (EUAIAIAF)
Keywords
Technologies Lithion Inc business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Technology or R&D, Operations, Supply Chain, Personnel, Marketing or Sales
Revenue model
- Battery Recycling Services: Lithion collects and recycles end-of-life lithium-ion batteries, providing recycling services to battery owners including EV manufacturers, transit companies, and other businesses.
- Recycled Strategic Materials Sales: Sale of recovered critical materials (including nickel and other strategic minerals) extracted from recycled batteries to manufacturers for use in new battery production.
- Technology Licensing and Factory Deployment: Deployment of recycling technologies to partners worldwide who build and operate their own recycling factories using Lithion's processes and expertise.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Technologies Lithion Inc product offering
Product offeringCore offering
Lithion Technologies operates a hydrometallurgical battery recycling platform that accepts end-of-life lithium-ion batteries and recovers critical strategic materials such as nickel for resale to battery manufacturers. Beyond in-house recycling, the company licenses its proprietary hydrometallurgical process to partners worldwide who build and operate their own recycling factories using Lithion's technology and expertise.
Product overview
Lithion Technologies operates as a battery recycling company with an integrated platform consisting of three main solutions: a battery recycling program that collects end-of-life lithium-ion batteries, a partner program that enables partners to deploy their own recycling factories using Lithion's proprietary hydrometallurgical technologies, and a recycled materials marketplace selling recovered strategic materials including nickel back to battery manufacturers. The company operates its Saint-Bruno factory and maintains a Centre of Excellence for technology development.
Differentiator
Problem solved
Functional benefit
Brands
- Lithion Saint-Bruno: Lithion's manufacturing plant located in Saint-Bruno-de-Montarville, Quebec.
- Lithion Centre d'Excellence
Products and services
- Battery Recycling Program (Recyclez vos batteries / Recycle your batteries)
Companies that use Technologies Lithion Inc
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles3 records
Technologies Lithion Inc technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Technologies Lithion Inc partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Nova BuscoreNova Bus partnered with Lithion Technologies to strengthen sustainable electrification of public transportation. The partnership focuses on recycling batteries from electric buses, supporting Nova Bus's sustainability and circular economy objectives in the transit sector.
- HyundaicoreLithion Technologies became the official partner of Hyundai for the collection and recycling of electric vehicle batteries in Canada. This partnership strengthens sustainable electrification efforts by providing end-of-life battery management solutions for Hyundai's EV operations in the Canadian market.
Scale indicators2 records
Recent moves5 records
Technologies Lithion Inc competitors and assessment
Company assessmentDirect peers
- Cirba Solutions: North American battery materials and recycling company offering collection, processing, and materials recovery for end-of-life lithium-ion batteries; competes directly with Lithion on services and recovered materials.
- Li-Cycle Holdings: Publicly-listed lithium-ion battery recycler using a hub-and-spoke model with hydrometallurgical refining at its core spoke; most direct competitor to Lithion in process technology and target customers (OEMs, fleet operators).
- Ascend Elements: US-based lithium-ion battery recycler using a proprietary hydrometallurgical process to produce cathode precursor materials; closely comparable in technology approach and target market of EV/battery manufacturers.
Emerging players
- Element Energy: North American startup developing battery recycling technology with hydrometallurgical capabilities; operates at similar scale to Lithion and targets similar OEM/fleet customers.
- Primobius: Joint venture between SMS group and Mercedes-Benz focused on hydrometallurgical battery recycling; a direct emerging peer with similar process technology and OEM backing.
Broad incumbents
- Umicore: Global materials technology and recycling group with a dedicated battery materials and recycling business (including hydrometallurgical capacity); competes in recovered nickel/cobalt markets and supplies EV OEMs and cell makers.
- Northvolt: European battery cell manufacturer with adjacent battery recycling (Revolt) operations; competes indirectly by both consuming recycled materials and offering recycling services to OEMs across Europe and North America.
- Glencore: Major mining and commodities trader with battery recycling and refining operations (e.g., through partnerships such as with Li-Cycle); sets reference pricing and supply benchmarks for recycled nickel and cobalt.
- Redwood Materials: Well-funded US-based battery recycling and cathode-active material producer focused on end-of-life EV batteries; broader scope (closed-loop materials supply to Panasonic) but directly competes for OEM take-back contracts.
Regional players
- Fortum: Finnish energy company operating battery recycling facilities in Europe using mechanical and hydrometallurgical processes; competes with Lithion via its global partnership/licensing-style industrial scale, though primarily in European markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Technologies Lithion Inc social profiles
Digital presenceTechnologies Lithion Inc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Technologies Lithion Inc leadership team
Management profileNumber of profiles
Technologies Lithion Inc funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Technologies Lithion Inc M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Technologies Lithion Inc
What does Technologies Lithion Inc do?
Lithion Technologies operates a hydrometallurgical battery recycling platform that accepts end-of-life lithium-ion batteries and recovers critical strategic materials such as nickel for resale to battery manufacturers. Beyond in-house recycling, the company licenses its proprietary hydrometallurgical process to partners worldwide who build and operate their own recycling factories using Lithion's technology and expertise.
Is Technologies Lithion Inc a public or private company?
Technologies Lithion Inc is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Technologies Lithion Inc founded?
Technologies Lithion Inc was founded in -1.
How does Technologies Lithion Inc make money?
Three revenue lines are on record. Battery Recycling Services are the primary driver. The others are recycled Strategic Materials Sales and technology Licensing and Factory Deployment.
Who are Technologies Lithion Inc's main competitors?
Direct peers on record are Cirba Solutions, Li-Cycle Holdings and Ascend Elements. Emerging players are Element Energy and Primobius. Broad incumbents are Umicore, Northvolt, Glencore and Redwood Materials. Fortum is listed as a regional player.
Does Technologies Lithion Inc have an API?
No public API is recorded for Technologies Lithion Inc.
What industry is Technologies Lithion Inc in?
Technologies Lithion Inc's product category is Battery Recycling Services. Its primary akta.pro industry code is EUAFACAD, Hydrometallurgical Recycling & Refining (Leaching, Solvent Extraction, Precipitation), with a secondary code of EUAMALAE, Battery Recycling & Materials Recovery (Li-ion, LFP, Flow, Lead-Acid). Its NAICS code is 335910 and its SIC code is 4953.