Battery recycling IP grant funded18 Sep 2024 08:00
Cavendish Note:
Gelion has announced it has incorporated a new wholly owned subsidiary, Battery Minerals Ltd, in the UK, to develop and
commercialise the Lithium-ion battery recycling technology acquired from Johnson Matthey (JM) in 2023. Battery Minerals has
also been awarded a grant of up to £170k by the UK Government’s Department of Business and Trade (DBT), which will support
a more detailed analysis of the technology as well an increase in the technology readiness level (TRL), which could enable a
significant upswing in value and likelihood of a realisation from this non-core IP with limited investment.