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Recyclus Approved to Recycle Batteries at Tipton
Recyclus Approved to Recycle Batteries at Tipton.
About this update from Technology Minerals Plc
[{"type":"text","content":"\n \n \n The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the \"UK MAR\") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain. \n \n \n \n \n \n 5 September 2022\n \n \n \n \n \n Technology Minerals Plc\n \n \n \n \n \n \n (\"Technology Minerals\" or the \"Company\")\n \n \n \n \n \n \n Recyclus Receives Approval to Recycle Batteries at Tipton Recycling Plant\n \n \n \n \n \n \n \n ·\n \n Approval allows for immediate commencement of on site manual lead-acid battery recycling processes in Tipton\n \n \n \n ·\n \n Approved Battery Treatment Operator (ABTO) status authorises Recyclus to produce up to 15,000 metric tonnes (MT) of lead per year from the recycling of lead-acid batteries\n \n \n \n \n \n \n \n \n Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces that Recyclus Group Ltd (\"Recyclus\"), its 49%-owned battery recycling business, has received ABTO status from the Environmental Agency for its recycling site in Tipton, West Midlands. The approval means that Recyclus can immediately commence manual recycling operations at its lead-acid facility.\n \n \n \n \n \n Under ABTO status, Recyclus is authorised to produce up to 15,000MT per annum of lead and store up to 300MT\n of inbound stock at any one time on site\n .\n The new authorisation marks the beginning of phase one of the recycling operations, which will move to a fully automated recycling process in phase two later this year following receipt of the variation of licence. The Recyclus system recycles the entire battery into separate constituent parts, to ensure recovery of lead, acid, and plastic materials, which are then reused to support a wide range of industries. For example, the hard lead can be used in grids and terminals, the soft lead for battery paste, and the sulphuric acid into fertilisers for agricultural use.\n \n \n \n...