First EU Battery Recycling Plant will be hosted in Poland

Poland will host the first facility in the European Union and one of the first in the world for processing used car batteries and other types of waste from electric vehicles. The recovered materials will be used to produce new batteries and other appliances, writes notesfrompoland.com.

The company running the project is Elemental Holding, which specializes in the collection and recycling of electrical waste and platinum-group metals. The European Bank for Reconstruction and Development (EBRD) will provide a loan of up to €25 million to Elemental Holding for a pioneering new facility to treat spent lithium-ion batteries for electric vehicles and other waste containing metals that are critical for e-mobility.

EBRD Manufacturing and Services Director Frederic Lucenet described the project as a shining example of how new technology and progress is working hand in hand with the green economy. “The EBRD is actively supporting Poland’s ambitious agenda to become a low-carbon economy and has already financed several large e-mobility projects with domestic and foreign investors,” said Lucenet.

According to the European Bank for Reconstruction and Development (EBRD), the plant in Poland will produce secondary metals and other materials that can be reused as raw materials for new batteries or other applications, providing an essential service in the lithium-ion battery value chain.

The company says that the new recycling plant will deploy state-of-the-art technology which is supplemented and partly financed by the Polish National Centre for Research and Development (NCBR) with the additional support of the European Commission.

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