11 January 2022
Technology Minerals Plc
("Technology Minerals" or the "Company")
Technology Minerals and Recyclus Group open UK laboratory
New facility enables in-house testing for lead acid and lithium-ion battery recycling processes
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce it has opened its first laboratory suite at its new battery processing facility in Wolverhampton, UK.
The new laboratory enables Recyclus Group, a 49% Technology Minerals owned company, to carry out its own in-house testing for both lead acid and lithium-ion ("Li-ion") battery recycling processes.
The testing facility comprises specialised equipment including an X-ray fluorescence machine ("XRF") used for measuring the elemental composition of the various battery products. This technology is especially important for examining the lead content of the lead oxide paste and the levels of sulphur which, in turn, ensures the quality of the end product.
The laboratory also houses a Gas Chromatograph with an auto sampler which - when used in conjunction with wet chemical analysis - is crucial in establishing lithium levels and monitoring the in-process products to avoid any potential contamination. The facility has fire-safe, lockable cabinets for housing all the essential analytical chemicals used in the close monitoring of both the lead and lithium recycling processes.
Robin Brundle, Chairman of Technology Minerals, said: "The opening of a new specialised laboratory at our battery processing facility in Wolverhampton is in line with our strategy and development programme for commissioning the first of our lithium-ion plants. It is another step towards our goal to significantly increase our recycling capacity in 2022 for lead-acid and lithium-ion batteries and ultimately help enhance the UK's capabilities for battery recycling."
Enquiries
| Technology Minerals Limited | |
| Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer | +44 20 7618 9100
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| Alfred Henry Corporate Finance Limited | |
| Nick Michaels | +44 203 772 0021 |
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| Arden Partners Plc | |
| Ruari McGirr | +44 207 614 5900 |
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| Luther Pendragon | |
| Harry Chathli, Alexis Gore, John Bick | +44 20 7618 9100 |
Technology Minerals Plc
Technology Minerals is developing the UK's first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. TM is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the Group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk
Recyclus Group Ltd
The demand for the raw materials used in battery manufacturing is anticipated to substantially increase. Recyclus Group Limited provides a national recycling initiative that supports the transition to carbon neutrality. Recyclus Group's battery recycling capacity will prove essential in the shift from fossil fuels to electric transportation. Through its strategic support, Recyclus is an integral component to the recycling of lithium-ion and lead-acid batteries and is a significant contributor towards the circular economy of battery metals. Further information on Recyclus Group is available at www.recyclusgroup.com
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