Technology Minerals' Recyclus unveils 'milestone' lithium-ion EV battery recycling partnership
February 20, 2024 at 09:23 am EST
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Technology Minerals PLC chairman Robin Brundle joined Proactive's Stephen Gunnion with details of a milestone partnership between subsidiary Recyclus Group and Sureservice Autocentres, marking a crucial step in their commitment to safe storage, logistics, and the recycling of EV batteries.
The collaboration leverages Recyclus' Wolverhampton facility for the end-of-life processing of lithium-ion batteries, ensuring they are not improperly stored or discarded. The deal with Slicker Recycling enhances its capability to collect hazardous waste from the automotive sector across the UK, utilising over 100 vehicles and nine depots, facilitating around 25,000 collections annually. This system supports the safe and timely collection of materials from both independent and franchise dealer networks.
Brundle highlighted the dangers associated with the improper storage of EV batteries, citing recent incidents of fires in dealerships and during transport, underscoring the need for secure transportation solutions like its custom-designed LiBoxes.
The process upon the batteries' arrival at the Wolverhampton facility involves thorough inspection, and processing of all five battery chemistries without water or landfill waste, and aims to achieve a sustainable circular economy.
Technology Minerals is also exploring ways to separate black mass to retain critical raw materials within the UK, indicating a broader vision for sustainable resource management. Brundle revealed that additional partnerships are in negotiation, promising more updates on their progress.
Contact Details
Proactive UK Ltd
+44 20 7989 0813
uk@proactiveinvestors.com
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Copyright (c) 2024 TheNewswire - All rights reserved., source Press Releases
Technology Minerals Plc is a United Kingdom-based mineral exploration company, with a portfolio of projects focused on battery metals, including cobalt, copper, nickel, manganese, and lithium. The Company is engaged in extracting raw materials required for Li-ion battery cathodes. It recycles them for reuse by battery manufacturers. These battery metals comprise cobalt, lithium, nickel, and manganese. The Companyâs projects include Asturmet, Blackbird, Emperium, Technology Minerals Cameroon (TMC), Leinster and Oacoma. The Asturmet Project is based in the Principality of Asturias, north-west Spain. The project consists of eight exploration permits. The Company holds 100% interest in the Blackbird Property. The Blackbird Creek Property is situated in the Idaho Cobalt Belt. The Emperium Project covers approximately 55 square kilometers (km2) in east-central Idaho. TMC Property consists of five exploration permits in south-eastern Cameroon.