nine_inch_nerd schreef op 20 december 2022 10:08:
Ecograf and MTB Group Partnership Supports Battery Recycling in FranceLithium-ion Anode Recycling to Support Reduced Carbon Emissions for New Gigafactories
EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE: FMK; OTCQX: ECGFF) is pleased to announce a non-binding memorandum of understanding (MoU) has been signed with MTB Group located in France.
Key highlights include:
Agreement signed with a leading-class international manufacturer of pre-treatment equipment for recycling MTB group.
MTB is also a recycling operator in France with a significant market operating capability and a recognized experience for battery scraps.
Initial focus on production anode scrap recycling in emerging European market where battery manufacturing projections are over 1,000 GWh
Important step into Europe Lithium-ion Battery recycling market, with EU accelerating new policies to increase battery recycling with targets of 70%
Collaboration to support closed-loop anode recycling, to lower battery unit cost and carbon emissions
The agreement sets out a framework for EcoGraf and MTB Group to collaborate and develop a production anode scrap recycling business to recover both copper and carbon from Lithium-ion Batteries in France.
The intent of the collaboration is to localise a commercial recycling solution close to planned battery gigafactories and share the value proposition from the recovery of both the copper and carbon.