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Hydrovolt is a battery recycling and raw materials company established in 2020. By pioneering battery recycling of EVs and industrial batteries, we create a circular solution for end-of-life batteries by producing high quality and sustainable secondary raw materials. At Hydrovolt, a battery can become a battery an infinite number of times. We do this to ensure that no battery is ever wasted through urban mining and recycling driven by our vision of a circular world. Hydrovolt is headquartered in Oslo while operating one of Europe’s largest EV battery recycling plants in Fredrikstad, Norway.

About Hydrovolt

Press release in English

Press release in Norwegian

Hydrovolt opens the world’s most automated battery recycling line

Watch the NRK report

Hydrovolt featured with French expansion on NRK 

Norwegian press release

French press release

English press release

Hydrovolt invests in battery recycling capacity in France

Watch the video presentation

Hydrovolt one of six finalists in the Norwegian tech awards 

Hydrovolt with large investments in new technology

Hydrovolt welcomes Mari Hvammen Groh as Chief Financial Officer

Podcast episode

Hydrovolt on the #PolyPod discussing battery recycling solutions 

Export Finance Norway (Eksfin) is a management company under the auspices of the Ministry of Trade, Industry and Fisheries. Eksfin promotes Norwegian exports by assisting Norwegian companies and foreign buyers with a wide range of government loans, guarantees, and competent advice. Eksfin's financing solutions complement the private banking and finance market.

About Eksfin

DNB is Norway's largest financial group and a significant international player in financing the energy sector. DNB aims to be a driver for sustainable transformation and will use their expertise and provide banking services to help customers move in a sustainable direction. DNB has an overarching goal of achieving net zero emissions from its financing and investment activities by 2050.

About DNB

Read the press release from Eksfin (Norwegian)

Financing from DNB and Eksfin supports Hydrovolt’s battery recycling efforts in Norway and Europe

Life-cycle assessment (LCA) is a process of evaluating the environmental effects of a product over the entire period of its life thereby increasing resource-use efficiency and decreasing liabilities. It can be used to study the environmental impact of either a product or the function the product is designed to perform. LCA is commonly referred to as a "cradle-to-grave" analysis.



What is LCA?

Black mass is a powder recovered from the active battery components containing materials like lithium, nickel, manganese, cobalt, and graphite. A hydrometallurgical treatment process is required to transform the black mass into battery-grade materials that can be used in producing new batteries with the highest possible recycled content and lowest environmental footprint.



Black mass

Hydrovolt sets new industry standard for its main recycled product

Watch the short section on FA-TV

Hydrovolt on new black mass agreement on Norwegian FA-TV 

Fact box: Black Mass

Fortum is a Nordic energy company. Our purpose is to power a world where people, businesses and nature thrive together. We are one of the cleanest energy producers in Europe and our actions are guided by our ambitious environmental targets. We generate and deliver clean energy reliably and help industries to decarbonise their processes and grow. Our core operations in the Nordics comprise efficient, CO2-free power generation as well as reliable supply of electricity and district heat to private and business customers. For our ~5 000 employees, we commit to be a safe and inspiring workplace. Fortum's share is listed on Nasdaq Helsinki. fortum.com

Fortum Battery Recycling offers recycling services for lithium-ion batteries and battery production waste, and recovers valuable battery metals to produce sustainable recycled raw materials for reuse. We have Europe’s largest closed-loop hydrometallurgical battery recycling facility in Harjavalta, Finland and pretreatment and mechanical operations hubs in Germany and in Finland.

About Fortum & Fortum Battery Recycling

Hydrovolt and Fortum Battery Recycling join forces to drive the Nordic battery industry forward

Hydrovolt's recommendation for design to recycle

Watch the full presentation

Tekna & Hydrovolt: Recycling of batteries 

Hydrovolt is strengthening the team for growth

Watch the short section on Moral Money, Financial Times

Financial Times: Battery recyclers set to take centre stage 

Hydrovolt recruits Helge Refsum as Chief Technology Officer

Hydrovolt appoints Ole-Christen Enger as Chief Executive Officer

Northvolt is a European supplier of sustainable, high-quality battery cells and systems. Founded in 2016 to enable the European transition to a decarbonized future, the company has made swift progress on its mission to deliver the world’s greenest lithium-ion battery with a minimal CO2 footprint.



About Northvolt

Hydro is a leading aluminium and energy company that builds businesses and partnerships for a more sustainable future. Hydro develops industries that matter to people and society. Since 1905, Hydro has turned natural resources into valuable products for people and businesses, creating a safe and secure workplace for 31,000 employees in more than 140 locations and 40 countries.

Hydro own and operate various businesses and have investments with a base in sustainable industries. Hydro is present in a broad range of market segments for aluminium and metal recycling, and energy and renewables. The company offer a unique wealth of knowledge and competence.

Hydro is committed to leading the way towards a more sustainable future, creating more viable societies by developing natural resources into products and solutions in innovative and efficient ways.

About Hydro

Europe’s largest electric vehicle battery recycling plant begins operations