Metallium has announced a binding e-scrap proviso statement betwixt its subsidiary Flash Metals USA and Glencore.
Glencore is simply a recycler of end-of-life electronics, lithium-ion (Li-ion) batteries and different products containing captious metals.
Under the agreement, Glencore volition proviso Metallium with up to 2,400 tonnes per annum (tpa) of e-scrap for its US operations.
The statement represents a large commercialized milestone for Metallium, ensuring semipermanent entree to e-scrap feedstock to enactment the continued commissioning and scale-up of its flash joule heating (FJH) exertion level successful the US.
It is besides Metallium’s archetypal binding feedstock proviso contract, marking the company’s displacement from improvement into commercialized commissioning and execution.
By securing a multi-year proviso statement with a planetary Tier-1 recycler, Metallium gains the throughput certainty needed to grow its US FJH operations, enabling accordant processing rates and the rollout of aggregate accumulation lines crossed its Technology Campus.
The statement builds connected the method and commercialized concern acceptable retired successful the parties’ antecedently announced memorandum of knowing (MoU).
Metallium and Glencore are besides advancing a abstracted binding offtake statement successful enactment with the model established successful the MoU.
Additionally, the statement provides feedstock certainty during commissioning, enabling predictable reactor utilisation and supporting aboriginal multi-line scale-up.
It besides strengthens Metallium’s presumption successful the fast-evolving US captious materials recycling sector, enabling person collaboration with downstream refiners, archetypal instrumentality manufacturers and strategical partners.
Metallium managing manager and CEO Walshe said: “This is simply a defining infinitesimal for Metallium. Our archetypal binding proviso statement gives america precisely what each processing exertion institution needs most: consistent, secure, high-quality feedstock. Glencore’s committedness allows america to committee and standard with confidence, and it is simply a beardown validation of our FJH exertion and US strategy.”
The adjacent steps impact initiating transportation scheduling and logistics to alteration commissioning and the archetypal commercial-scale processing campaigns.
Metallium noted that, portion the presumption were not disclosed, they are modular for Glencore’s secondary-materials proviso arrangements and bash not impact the agreement’s strategical importance.
"Flash Metals, Glencore motion e-scrap proviso agreement" was primitively created and published by Mining Technology, a GlobalData owned brand.
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