The vinyl revolution continues for HMV
HMV has estimated that a massive 1.5 million vinyl LPs will be sold in its stores this year - the most sales since 1997. The company has expanded its ranges of turntables and speakers, responding to the UK's current love affair with vinyl.
HMV will celebrate Vinyl Week, which runs between the 13th and 19th of June, with up to 50 percent off many records, as well as exclusive limited edition pressings unavailable elsewhere.
The top 5 performing LPs at HMV in 2016 so far are:
- David Bowie - Blackstar
- Amy Winehouse - Back To Black
- Guardians Of The Galaxy Soundtrack
- The 1975 - I like it when you sleep, for you are so beautiful yet so unaware of it of it
- The Stone Roses – The Stone Roses
Official Charts data for 2016 shows that LPs are on track to smash through the three million unit mark for the first time in more than 20 years.
Gennaro Castaldo, Director of Communications at BPI, said: “Sales of vinyl have risen dramatically since their low point in 2007, with over 2 million LPs purchased last year for the first time in more than two decades.With no let-up in sight, the BPI has every expectation this trend will continue, and estimates that up to 3.5 million LPs or more could be purchased during the course of 2016.
“The major investment we are seeing in vinyl from hmv and other retailers alongside the commitment of labels and the artists themselves, can only add further impetus to this remarkable growth.”
Ian Topping, Chief Executive of HMV said: “As the UK's largest vinyl retailer, hmv has expanded its offer considerably in 2016 due to the ever-growing demand from our customers. The strong resurgence of vinyl is set to continue as the highlight of the UK entertainment industry - expect vinyl to be top of the Father's Day gift list this year”
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Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing
Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing
What is Ultium Cells LLC?
Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”
Who is Li-Cycle?
Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.
As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”
Why are Ultium Cells LLC and Li-Cycle join forces?
By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.
“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).
"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.
"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.
Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.
"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.