RE: RE: 75 /8516 Jul 2025 21:53
Wkw, for you:
"global industrial group
Technology Minerals Plc (LSE: TM1), the UK's pioneering firm in establishing a circular economy for battery metals, is pleased to announce that its 48.35% owned battery recycling business, Recyclus Group Ltd ("Recyclus"), has signed a 12-month contract with a global industrial group to recycle lithium-ion ("Li-ion") batteries.
Under the terms of the agreement, end-of-life Li-ion batteries will be recycled at Recyclus' industrial scale battery recycling plant in Wolverhampton. Recyclus will receive gate fees for receiving the Li-ion batteries and revenues from the sale of recovered material including black mass.
This contract is the latest in a series of new customer wins, reinforcing the strength of Recyclus' cradle-to-cradle Li-ion battery recycling solution and its growing reputation within the industry. Recyclus will build on this success to strengthen its position as a leading provider of recycling solutions for the growing challenge of battery waste from the increasing use of industrial and consumer Li-ion batteries.
Alex Stanbury, CEO of Technology Minerals and Director of Recyclus, said: "Securing a 12-month contract with a global major which has the potential to generate revenues of up to £2 million is a significant milestone for Recyclus. This is our largest contract win to date and further highlights the strong momentum and commercial traction achieved in recent months.
"Following a steady stream of agreements for Recyclus, this contract illustrates the confidence leading manufacturers place in our solutions, reinforcing our position as a recycler of choice and ability to meet increasing demand as the world continues to move towards electrification."
And from other sources I'm pretty sure this is fortescue zero. A big f*ckin deal.