Elemental Strategic Metals and ProLogium Technology have announced an exciting new partnership that has the potential to revolutionize the recycling of solid-state batteries.
The two companies have signed a memorandum of understanding to explore collaboration opportunities and will work together to build a state-of-the-art solid-state battery recycling platform in Europe.
Under the terms of the MOU, Elemental Strategic Metals will serve as a preferred recycling provider for ProLogium Technology, supplying the company with used solid-state batteries and waste from their production for recycling. In addition to this, the two companies will engage in joint research and development of new and innovative recycling technologies for ProLogium’s solid-state batteries.
This partnership is a major milestone for both companies, which place a strong emphasis on environmental responsibility. By collaborating on recycling efforts, they aim to reduce pollutant emissions and lower their carbon footprints, while also potentially bringing benefits to customers through lower costs for the production of batteries.
Elemental Strategic Metal is a member of the Elemental Holding Group, a global leader in the recycling of strategic metals including PGMs, precious metals, and battery metals. The company is currently building a state-of-the-art plant in Poland where lithium-ion batteries used in EVs, laptops, mobile phones, and other devices will be recycled and refined.
ProLogium, founded in 2006, is an energy innovation company focused on the research and development and manufacturing of next-generation battery solutions for EV, consumer, and industrial applications. In recent months, the company has sought out partnerships with strategic partners as part of its efforts to create a robust value chain. This includes agreements with leading international companies such as Mercedes-Benz, POSCO Holdings, FEV, and ACC.
The partnership between Elemental Strategic Metals and ProLogium Technology comes at a time when the demand for EVs is rapidly increasing, leading to a growing need for recycling solutions for used batteries.
The collaboration between these two companies is expected to help strengthen the European EV battery industrial chain ecosystem and promote sustainability in the industry. It is also in line with the European program Important Projects of Common European Interest (IPCEI), which aims to support cooperation between producers and recyclers in order to address the limited resources of rare metals used in battery production.
Overall, this partnership is a thrilling development in the world of sustainability and clean energy. It represents a major step forward in the efforts to create a more efficient and environmentally-friendly energy industry, and we can’t wait to see the positive impact it will have.