03
Jan
14:26
Stelco, Primobius ink battery recycling agreement
Canadian steelmaker Stelco has inked a licensing and options agreement with Primobius GmbH for electric vehicle recycling and processing technology.
Stelco will use Promobius’ proprietary tech to set up a 20,000 short ton/year battery recycling facility at its Lake Erie Works. The facility will produce about 18,400 st/y of nickel and up to 40,000 st/y of steel scrap. Primobius will retain the right to acquire 25-50% of the venture, Kallanish understand…
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Very good overview of the weekly steel market.
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