Commissioning Phase Completed at Li-ion Battery Recycling Plant Commencement of Commercial Operations

TM1 is pleased to announce its 48.25% owned battery recycling business, Recyclus Group Ltd has successfully completed the commissioning phase at the UK’s first industrial scale lithium-ion (“Li-ion”) battery recycling facility in Wolverhampton, West Midlands.

As part of completing the commissioning phase, Recyclus installed bulk liquid nitrogen tanks and the company has also received the first fill of liquid nitrogen, which facilitates continuous processing at the facility. Recyclus is now focussing on ramping up Li-ion battery processing through the plant to achieve a run rate of 8,300 tonnes per annum based on a single shift and has a permit to expand this to process up to 22,000 tonnes per annum.

The plant processes end-of-life Li-ion batteries to produce black mass, which contains critical battery metals that can be reprocessed and sold back into the battery supply chain, in addition to other saleable materials.

Robin Brundle, Chairman of Technology Minerals, said:

We are pleased to announce that Recyclus has successfully completed the commissioning phase at our Li-ion battery recycling plant. This milestone allows us to commence commercial operations and is another step towards the realisation of our planned processing rate. By using cutting-edge recycling solutions at our facility, we aim to tackle the challenge of discarded batteries, playing a pivotal role in the electrification transition and forging a sustainable circular economy in the UK.

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