Glencore and Britishvolt to build ‘battery recycling ecosystem’ in the UK
Glencore has announced it has entered a recycling joint
venture with UK investor in battery cell technologies and R&D, Britishvolt,
to develop a ‘world-leading ecosystem’ for battery recycling in the UK.
The ‘ecosystem’ will be anchored at a new recycling plant
located at the Britannia Refined Metals operation (BRM) in Northfleet, a
Glencore company and is expected to have a processing capacity of a minimum of
10,000 tonnes of lithium-ion batteries per year, including but not limited to
valuable battery manufacturing scrap, portable electronics batteries and full
electric vehicle (EV) packs.
The facility will process all Britishvolt’s battery
manufacturing scrap from their Gigafactory in Blyth.
The facility is expected to be operational by mid-2023 with
the long-term aim of being 100% powered by renewable energy.
The partnership will also look to develop other recycling
activities such as the refining of black mass into battery grade raw materials.
The joint venture will leverage Glencore’s multi-decade
recycling experience across end of life materials such as discarded
electronics, copper/alloy scraps and black mass.
Both companies believe that battery recycling will form a
‘key part’ of the energy transition, efficiently recovering the critical metals
needed for the energy transition.
The aim is to help support the creation of a ‘genuinely
circular economy that supplies recycled materials and minerals back into the
battery supply chain’, it says.
David Brocas, head cobalt trader at Glencore, commented: “We
are excited to deepen our partnership with Britishvolt. Both companies are
united in their ambition to further the energy and mobility transition.
Glencore has decades of recycling experience across multiple disciplines
(e-waste/copper scrap/battery).
“This recycling partnership complements our long-term supply
agreement for responsible cobalt from our operations in Norway and the
Democratic Republic of Congo.
“We believe the opportunity to utilise BRM’s operations as a
cutting-edge battery recycling facility will help support the development of a
UK battery recycling industry.
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