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Technology Minerals' Recyclus secures TFS licence for Glencore deal 2 дня назад


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Technology Minerals' Recyclus secures TFS licence for Glencore deal

Technology Minerals PLC (LSE:TM1) CEO Alex Stanbury talked with Proactive's Stephen Gunnion about the latest milestone for its battery recycling subsidiary, Recyclus, which has secured a Transfrontier Shipment of Waste (TFS) licence. This approval allows Recyclus to sell black mass to Glencore under the offtake agreement signed in December. Stanbury explained that while batteries entering Recyclus are not considered hazardous waste in the UK, the black mass produced—containing nickel, cobalt, lithium, and manganese—is classified as hazardous, necessitating a TFS notice for cross-border shipments. He highlighted the lengthy process, noting, "It's not the shortest of pieces of work," but expressed satisfaction in finally securing the necessary clearance. The CEO emphasised the importance of black mass in promoting battery circularity by reusing critical materials instead of relying on newly mined resources. He detailed Recyclus' work with major automotive and consumer electronics companies, processing 4000 batteries this year, with additional contracts underway. Looking ahead, Stanbury outlined plans for a black mass separation joint venture in the UK and continued development of mobile recycling solutions. He said the focus remains on expanding work with automotive and energy storage companies, positioning Recyclus as a key partner in managing end-of-life batteries and warranty recalls. For more insights and updates from industry leaders, be sure to like, subscribe, and enable notifications on Proactive's YouTube channel! #TechnologyMinerals #Recyclus #BatteryRecycling #BlackMass #CircularEconomy #Glencore #TFSLicense #UrbanMining #BatteryMaterials #Sustainability #AutomotiveIndustry #EnergyStorage #LithiumIonBatteries #UKManufacturing #ProactiveInvestors

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