EA Approval for Lithium-ion Battery Recycling Plant

TM1 is pleased to announce that its 48.25% owned battery recycling business, Recyclus Group Ltd has received final clearance from the Environment Agency to commence full operations at its lithium-ion (“Li-ion”) battery recycling plant in Wolverhampton, West Midlands. Recyclus has also been awarded Approved Battery Treatment Operator (“ABTO”) status by the EA, allowing it to commence recycling operations immediately, with on-site treatment and processing of spent Li-ion batteries.