French Startup Genomines Revolutionizes Nickel Extraction for Electric Cars
French startup Genomines is revolutionising metal extraction. It uses genetically modified plants to obtain nickel, a key component in electric car batteries. The company has raised $45 million and plans to produce 150,000 tons of bio-nickel annually by 2030, enough for three million cars.
Genomines employs a process called phytomining. It uses hyperaccumulator plants, like daisies and sunflowers, to absorb metal ions from nickel-rich soils. After harvesting, the metal is extracted using bioleaching and heating. Worldwide, around 700 plant species are suitable for phytomining.
The company's technology is already in use. Hyundai Motor Group, Jaguar Land Rover, and Ocean Partners are among those utilising Genomines' nickel extraction. A major German automaker and a metal processing company have also conducted projects with Genomines. These plants can accumulate up to 7.6 percent nickel in their biomass, yielding up to 2.5 tons of nickel per hectare and year.
Genomines' innovative phytomining offers a sustainable alternative to traditional mining. With backing from major automakers and investors, the company is poised to significantly contribute to the electric vehicle industry's nickel needs by 2030.
