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Technology Minerals PLC ( (GB:TM1) ) just unveiled an announcement.
Technology Minerals PLC announced that its battery recycling business, Recyclus Group Ltd, has successfully completed a project to recycle fire-damaged lithium-ion battery packs from an electric vehicle manufacturer. This achievement underscores Recyclus’ capability in safely handling and recycling compromised batteries, marking it as a crucial player in supplying critical metals needed for electrification. The agreement with high-profile organizations highlights the increasing demand for Recyclus’ innovative recycling solutions, further establishing its role in the shift towards a circular economy for battery metals.
More about Technology Minerals PLC
Technology Minerals PLC is developing the UK’s first listed sustainable circular economy for battery metals. The company focuses on recycling, recovering, and re-using battery technologies to support a renewable energy future. It is engaged in raw material exploration required for lithium-ion batteries and addressing ecological issues by recycling spent batteries for reuse by manufacturers.
YTD Price Performance: -40.0%
Average Trading Volume: 68,859,915
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.97M
See more insights into TM1 stock on TipRanks’ Stock Analysis page.
