The Polish company Elemental Holding will build the first factory in the European Union for recycling car batteries. At the same time, the unit will recycle other waste containing metals. The investment is based on a loan of up to 25 million euros from the European Bank for Reconstruction and Development (EBRD).
The plant built by the Polish recycling company Elemental Holding will be the first in the EU and one of the first in the world. The recycling plant in Poland will also help reduce greenhouse gas emissions, in addition to the efficient use of scarce natural resources.
Electric vehicles are the main solution for reducing CO2 emissions from transport, as well as air pollution. However, their expansion will cause another problem: used batteries. Recycling can reduce the need to extract raw materials.
Poland is building the first car battery recycling plant in the EU
There are not many car battery recycling factories around the world because the number of electric vehicles is low. Many car companies and manufacturers are making recycling plans to save costs. For example, German carmaker Volkswagen recently opened a pilot plant in Salzgitter, while Canadian company Li-Cycle is developing the largest battery recycling plant in North America.
According to the European Bank for Reconstruction and Development (EBRD), the Polish plant will produce metals and other materials that can be reused as raw materials for new batteries, providing an essential service in the value chain of lithium-ion batteries.
Headquartered in the Polish city of Grodzisk Mazowiecki, Elemental Holding will receive a 25m-euro loan from the European Bank for Reconstruction and Development (EBRD) to build the new plant that will treat used lithium-ion batteries for electric vehicles and other wastes containing metals that are vital to the field of electric mobility (eMobility).
Source: Promotor by www.promotor.ro.
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