24th Jul 2023 10:55
Technology Minerals PLC - London-based battery metals mining and recycling - Says battery recycling facility in Wolverhampton, England is progressing on schedule through its commissioning phase. The facility is owned by Recyclus Group Ltd, in which Technology Minerals holds a 48.3% stake. The plant has passed multiple inspections, the company says, and is steadily increasing its hours toward continuous operation. Expects facility to process 8,300 tonnes lithium-ion batteries in its first year. It has a permit for up to 22,000 tonnes. The plant processes end-of-life batteries into 'black mass', from which battery metals can extracted and sold back in the battery supply chain.
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By Tom Waite, Alliance News editor
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