08:54 AM EST, 12/12/2024 (MT Newswires) -- Coherent (COHR) said Thursday it will evaluate strategic alternatives for its lithium-ion battery metal recycling and recovery technology.

Coherent said its Streamlined Hydrometallurgical Advanced Recycling Process allows for the production of cathode precursors and materials suitable for new lithium-ion battery production directly from used materials without extensive metal separation and purification steps.