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Technology Minerals – Recycling Blueprint for the EV and Battery Industry a Racing Certainty?

By Arjun Thakkar and Alan Green

Along with Christmas parties, the most oft discussed topic in 2021 was almost certainly the COP26 conference, net zero carbon neutrality, sustainability, climate change and other aspirational matters pointing to an internal combustion engine free world. There’s plenty of awareness of the issues surrounding climate change and the environment, but the simple facts are that the leading economies around the world (never mind the developing nations) are woefully underprepared to tackle these issues and create the circular economy required to support sustainability.

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Technology Minerals #TM1 and Recyclus Group open UK laboratory

Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce it has opened its first laboratory suite at its new battery processing facility in Wolverhampton, UK.  

The new laboratory enables Recyclus Group, a 49% Technology Minerals owned company, to carry out its own in-house testing for both lead acid and lithium-ion (“Li-ion”) battery recycling processes.  

The testing facility comprises specialised equipment including an X-ray fluorescence machine (“XRF”) used for measuring the elemental composition of the various battery products. This technology is especially important for examining the lead content of the lead oxide paste and the levels of sulphur which, in turn, ensures the quality of the end product.

The laboratory also houses a Gas Chromatograph with an auto sampler which – when used in conjunction with wet chemical analysis – is crucial in establishing lithium levels and monitoring the in-process products to avoid any potential contamination. The facility has fire-safe, lockable cabinets for housing all the essential analytical chemicals used in the close monitoring of both the lead and lithium recycling processes. 

Robin Brundle, Chairman of Technology Minerals, said: “The opening of a new specialised laboratory at our battery processing facility in Wolverhampton is in line with our strategy and development programme for commissioning the first of our lithium-ion plants. It is another step towards our goal to significantly increase our recycling capacity in 2022 for lead-acid and lithium-ion batteries and ultimately help enhance the UK’s capabilities for battery recycling.”

Enquiries

 

Technology Minerals Limited

Robin Brundle, Executive Chairman

Alexander Stanbury, Chief Executive Officer

+44 20 7618 9100

 

Alfred Henry Corporate Finance Limited

Nick Michaels

+44 203 772 0021

Arden Partners Plc

Ruari McGirr

+44 207 614 5900

Luther Pendragon

Harry Chathli, Alexis Gore, John Bick

+44 20 7618 9100

Technology Minerals Plc 

Technology Minerals is developing the UK’s first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. TM is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the Group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk  

Recyclus Group Ltd  

The demand for the raw materials used in battery manufacturing is anticipated to substantially increase. Recyclus Group Limited provides a national recycling initiative that supports the transition to carbon neutrality. Recyclus Group’s battery recycling capacity will prove essential in the shift from fossil fuels to electric transportation. Through its strategic support, Recyclus is an integral component to the recycling of lithium-ion and lead-acid batteries and is a significant contributor towards the circular economy of battery metals. Further information on Recyclus Group is available at www.recyclusgroup.com  

Technology Minerals #TM1 – Alan Green talks to Alex Stanbury & Robin Brundle

Technology Minerals #TM1 – Alex Stanbury, Robin Brundle & Alan Green discuss the group’s unique investment proposition and upcoming value inflection points. We discuss the group’s circular economy model, starting with the key battery metal mining projects in Ireland, Spain, USA and Cameroon before looking at the development of Recyclus, the group’s end-to-end recycling vehicle for lithium-ion and lead-acid batteries that completes the circular economy model. Robin and Alex discuss the upcoming developments for Q1, along with the expected uplift in group revenues & valuation.

Proactive Investors – Technology Minerals #TN1 hails Recyclus operation deal with battery collection group

Technology Minerals #TM1 – Chairman Robin Brundle joins Proactive London’s Katie Pilbeam about their 49% owned Recyclus Group signing a deal with Slicker Recycling to collect battery waste from around the UK and deliver it to its plants.

Recyclus has unique technologies that allow it to reprocess both lead-acid and lithium-ion power units. Next year the business expects to deal with 16,000 tonnes of the former and 5,000 tonnes of the latter.

Slicker Recycling has 13 depots and uses 25,000 collection points nationally.

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