Regulatory Announcement
Black mass offtake agreement with LOHUM
TM1 has signed a black mass offtake agreement with LOHUM Cleantech ("LOHUM"), India's leading producer of sustainable energy transition materials.
TM1 has signed a black mass offtake agreement with LOHUM Cleantech ("LOHUM"), India's leading producer of sustainable energy transition materials.
Recyclus will sell black mass produced at its industrial-scale lithium-ion ("Li-ion") battery recycling facility in Wolverhampton to LOHUM's facility in India, with the requisite regulatory approvals underway. This agreement aligns with Recyclus' strategy to sell black mass to multiple partners as it continues to build its inventory of black mass.
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https://www.londonstockexchange.com/news-article/TM1/black-mass-offtake-agreement-with-lohum/16549520
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