From ProCap’s post:
Greenhouse Investment Group Limited, Cork, Ireland, has executed a non-binding memorandum of understanding (“MoU”with a privately owned waste management company in the United Kingdom (‘WasteCo’: name of waste management counterparty remains ‘commercial in confidence’). WasteCo provides a nationwide collection service and a sustainable licensed recycling solution with full traceability that accounts for nearly seventy percent (70%) of the United Kingdom’s battery collection market.
The MoU provides a framework towards establishing an incorporated lithium-ion battery recycling joint venture to be 50:50 owned by Greenhouse (“JV’and WasteCo. Under the JV, Greenhouse intends to contract with Primobius GmbH for the supply of equipment and construction services for a dedicated recycling facility adjacent to WasteCo’s existing alkaline battery recycling operation. The proposed battery recycling operation would be operated by the JV partners with equal contribution of capital costs and sharing of financial returns.
The private UK company WasteCare seems to fit the bill as ‘WasteCo’. They claim to be largest collector of batteries in the UK and have an existing alkaline battery recycling facility:
https://compliance.wastecare.co.uk/batteries/
https://www.wastecare.co.uk/regulator-approves-uks-first-recycling-plant-for-household-batteries/
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- Ann: Hannans - Relisting & Lithium Battery Recycling in Europe
Ann: Hannans - Relisting & Lithium Battery Recycling in Europe, page-15
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