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IN BRIEF: Neometals JV Primobius completes battery recycling trials

1st Jun 2023 10:56

Neometals Ltd - London-based sustainable battery materials producer - Says joint venture company Primobius GmbH completes three lithium-ion battery recycling hydrometallurgical refinery demonstration trials, and data is now being analysed. It will be incorporated into the engineering cost study for the commercial scale hydrometallurgical refinery section of a proposed commercial-scale integrated recycling operation in Kaiserslautern, Germany.

Notes "outstanding" results from demonstration trials, with nickel, cobalt and copper recoveries of more than 95%.

Primobius is equally owned by Neometals and SMS Group GmbH. It is the recycling technology partner to Mercedes-Benz.

Current stock price: 30.30 pence, up 4.5% on Thursday

12-month change: down 60%

By Sabrina Penty, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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