Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Technology Minerals PLC ( (GB:TM1) ) has provided an update.
Technology Minerals Plc, through its 48.35% owned subsidiary Recyclus Group Ltd, has secured a Transfrontier Shipment of Waste (TFS) licence, allowing the transportation of black mass to Europe under an agreement with Glencore. This development marks a significant milestone for Recyclus, as it begins shipping black mass, a valuable commodity in the recycling industry containing metals like lithium and cobalt, in March 2025. The partnership with Glencore highlights the credibility of Recyclus’ technology and its crucial role in the battery metals circular economy.
More about Technology Minerals PLC
Technology Minerals Plc is at the forefront of developing the UK’s first listed sustainable circular economy for battery metals. The company specializes in recycling, recovering, and re-using battery technologies to support a renewable energy future. It focuses on the raw material exploration necessary for lithium-ion batteries while addressing ecological concerns by recycling spent batteries for reuse.
YTD Price Performance: -41.67%
Average Trading Volume: 78,961,946
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.44M
For a thorough assessment of TM1 stock, go to TipRanks’ Stock Analysis page.
