electric vehicle battery recycling

Primobius GmbH has executed binding option and licensing agreements with the North American steelmaking company Stelco Holdings Inc. headquartered in Hamilton, Ontario. Both parties have agreed on formal arrangements to commercialize Primobius’ proprietary advanced electric vehicle battery recycling and processing technologies in North America.  Primobius is an incorporated joint venture between Australian Stock Exchange listed company Neometals Ltd. and private German engineering and technology company SMS group, to commercialize an environmentally friendly recycling solution for lithium-ion-batteries (LIB). Primobius has developed a CO2-reduced, two-step system combining mechanical and hydrometallurgical processes to bring high-purity chemicals back into the battery supply chain.