Wave Nickel Eyes Texas for EV Battery

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May 30, 2023

Wave Nickel Eyes Texas for EV Battery

A Luxembourg-based firm that’s harnessing microwave technology to recover metals is looking to build a $440 million refinery in Texas to help quench demand for a key ingredient in electric-vehicle

A Luxembourg-based firm that’s harnessing microwave technology to recover metals is looking to build a $440 million refinery in Texas to help quench demand for a key ingredient in electric-vehicle batteries.

Wave Nickel seeks to tap US government incentives including those from President Joe Biden’s landmark Inflation Reduction Act to build a refinery that’ll produce nickel sulfate for EV batteries, Chief Executive Officer Gustavo Emina said in an interview.