Global commodity trading and mining company Glencore and industry-leading battery recycling company Li-Cycle have signed a Letter of Intent (LOI) to jointly study the potential construction of a European lithium-ion battery recycling hub in Italy. The project would involve the repurposing of an existing Glencore lead-zinc and metallurgical facility in Portovesme, Sardinia, maximising existing infrastructure, port access and utilities and in turn reducing capital expenditure. The Hub is expected to process between 50,000-70,000 tonnes of black mass per year, likely to be supplied from Li-Cycle’s expanding Spoke network in Europe, in order to produce recycled battery-grade lithium, nickel and cobalt. This would be the largest source of recycled battery-grade products in Europe.




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