Britishvolt and mining company Glencore announced relevant cooperation aimed at creating battery recycling ecosystem in the UK. More into details, according to the plans of the two companies, a new recycling plant located at the Britannia Refined Metals (BRM) operation (a Glencore company) is expected to be established. The bold aim is to help support the creation of a genuinely circular economy that supplies recycled materials and minerals back into the battery supply chain.
Glencore and Britishvolt’s first battery recycling facility in the UK
Once complete, the plant will be Glencore and Britishvolt’s first battery recycling facility in the UK with an expected 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 EV packs. The facility will process all Britishvolt’s valuable 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 percent powered by renewable energy.
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 bold aim is to help support the creation of a genuinely circular economy that supplies recycled materials and minerals back into the battery supply chain.
Statements from Britishvolt and Glencore
«We’ve been looking for the perfect partner to help kick start a UK battery recycling industry and FTSE100-listed Glencore has expert historical experience in recycling. This JV will help us both to create a truly sustainable battery value-chain, create jobs and develop new battery recycling technologies. Both Britishvolt and Glencore are fully committed to reducing carbon across the supply chain», declared Timon Orlob, Global Chief Operating Officer at Britishvolt.
«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. It will also play a part in furthering the UK’s climate ambitions as well as Glencore’s as we work towards net zero total emissions by 2050», added David Brocas, Head Cobalt Trader at Glencore.