Recyclus Group has been given final draft approval by the Environment Agency (EA) to build a lithium-ion plant in Wolverhampton, West Midlands.
Technology Minerals, which owns 48.5% of the group, said the site would be the first industrial-scale plant in the UK for recycling lithium-ion batteries.
“Following receipt of the EA’s final approval draft licence, Recyclus has responded to the EA to confirm its acceptance of the draft permit and expects the official EA certification to be completed imminently,” said Technology Minerals, in a statement published on the London Stock Exchange.
Recyclus reported in February that it had received a schedule 5 notice from the EA – the final stage before a license is determined – to vary the permit at its Wolverhampton site.
In 2021, the group partnered with Slicker Recycling to deliver waste for its planned lithium-ion battery recycling plants.
Increasing demand for lithium combined with low recycling capacity led the Government to launch the country’s first critical minerals strategy last year. Last month, Altilium Metals said it was to build a plant on Teesside capable of processing 50,000 tonnes of lithium-ion batteries a year.
Recyclus’s proposed facility would recycle up to 8,300 tonnes of li-ion batteries in the first year of operation, based on a single operating shift of five days per week.
There is potential to scale the facility to 41,500 tonnes by 2027 with bolt-on plants, explained Technology Minerals.
Technology Minerals chair and Recyclus co-founder, Robin Brundle, described being given the final approval draft from the EA as a “landmark moment”.
“With feedstock stored and ready to be processed, everything is in place to kick start operations at the facility and commence generation of cash flow,” he said, adding that the plant would generate revenue through gate fees and material sales.
“As the world transitions to electrification and demand for Li-ion batteries increases, we believe we have a strong first mover advantage for what is an industrial scale opportunity.”
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