LONDON, UK: Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announced that its 48.25% owned battery recycling business, Recyclus Group Ltd, has received final clearance from the Environment Agency (EA) for the variation licence to commence full automated operations at its lead acid battery recycling plant in Tipton, West Midlands.
The EA permit allows Recyclus to enter the commissioning phase at the plant, gradually increasing the monthly volumes being processed over a period of approximately four months.
This final EA licence is a significant milestone as it represents the last required licence for the company at both its Wolverhampton and Tipton plants, allowing full automated operations, and paving the way for eight additional plants Recyclus plans to build in the coming years.
The Tipton plant is the first among Recyclus’ planned five lead acid plants to be located in the UK. The facility has the capacity to recycle up to 15,000 tonnes of lead acid materials during the first full year of operations. Over the coming years, Recyclus are committed to scaling up its efforts, with a target of processing a cumulative total of 80,000 tonnes across the subsequent four lead acid plants.
Robin Brundle, Chairman of Technology Minerals, said: “We are delighted to announce that Recyclus has received final approval from the Environment Agency to initiate full automated operations at its lead acid recycling facility in Tipton. This is a significant milestone for Recyclus and represents the first of five lead acid battery recycling facilities the company aims to establish in the UK.”
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