Ann: Collaboration to Commercialise Battery Recycling in EU, page-5

Hi @GKeden

Thanks for asking about the competition.

There are two other ASX companies in the EU undergoing the process of commercialising battery recycling technology. One is NMT & the other is RIL.

Redivium - Battery materials delivered

REDIVIUM LIMITED (ASX:RIL) - RIL battery recycling discussion, 71226552, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Neometals – Developing opportunities in minerals & advanced materials

NEOMETALS LTD NMT(ASX) - ASX Share Price & News Discussion | HotCopper Forum

NMT developed the tech & has partnered with SMS group (a German global plant builder) to commercialise the tech through a JV called Primobius.

Battery recycling without limits - Primobius

Products - Primobius





The technology is a hydromet process that's able to recover battery grade chemicals from black mass, fertilizer (Ammonium sulphate) is the only by-product. NMT has been able to attract the likes of Mercedes Benz with this tech & has already built a Stage 1 (Spoke) shredding plant & is currently in the process of building a Stage 2 (Hub) refining plant to recover battery grade chemicals.

Process & Technology - Primobius

NMT intends to issue licenses to third parties so those entities can recycle their own batteries & be able to retain ownership over the precious metals inside the batteries. In return, NMT will make money from building the plants (Spoke & Hub plants) & will also receive a royalty on the battery grade chemicals that are recovered.

RIL is using the same tech through a convoluted, daisy-chain licensing deal from NMT & is currently in the early stages of commercialising the tech.

Below are some clips of the process.

Videos - Primobius

By the looks of it, ION is around 4- 5 years behind NMT & RIL, so there's still a lot of work to do here, but I'll be watching this space for any updates.