{
Technology Minerals Plc

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}
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001122334455554433221100

Technology Minerals Secures Glencore Deal Boosting Battery Recycling Efforts

Shares in Technology Minerals PLC surged 273% following its subsidiary Recyclus Group's offtake agreement with Glencore PLC for black mass, a material derived from spent lithium-ion batteries. This deal, starting with a 100-tonne trial, marks a significant milestone in the battery recycling market, supporting sustainable practices as demand for recycled materials grows amid the electrification shift. Glencore's broader strategy includes partnerships to enhance its battery recycling capabilities, reflecting the increasing competition and necessity for sustainable sourcing in the industry.
Proactiveinvestors UK
United States Dollar Euro Li-Cycle Holdings Corp. Umicore SA MERCEDES-BENZ GROUP Fortum Oyj Technology Minerals Plc Glencore plc BASF FIN DEU USA IND BEL GBR Robin Brundle Show more
Technology & Innovation, Market Report
13:45 17.12.2024

technology minerals secures glencore deal to boost battery recycling efforts

Shares in Technology Minerals PLC surged 273% following its subsidiary Recyclus Group's offtake agreement with Glencore PLC for black mass, a material derived from spent lithium-ion batteries. This deal, starting with a 100-tonne trial, marks a significant milestone in the battery recycling market, supporting sustainable practices as demand for recycled materials grows amid the electrification shift. Glencore's broader strategy includes partnerships to enhance its battery recycling capabilities, reflecting the increasing competition and importance of securing critical metals from recycled sources.
Proactiveinvestors UK
United States Dollar Euro Li-Cycle Holdings Corp. MERCEDES-BENZ GROUP Umicore SA Technology Minerals Plc BASF Fortum Oyj Glencore plc BEL IND GBR FIN DEU CAN USA Robin Brundle Show more
Finance & Economy, Market Report
13:45 17.12.2024
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