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Poland to build first car battery recycling plant with EBRD loan

Poland will be building the first recycling plant for car batteries, helped by a loan of up to €25m from the European Bank for Reconstruction and Development (EBRD).

Responding to the rapid rise of electric vehicles (EVs), the construction project will make it the first country in the European Union (EU) to have a facility that recycles car batteries as well as other waste containing metals.

The said financing from EBRD is for the Poland-based global recycling company Elemental Holding and is reported to be part of a bigger package that will be funding the construction of the pioneering facility.

The facility will be one of the first in the world to recycle spent lithium-ion batteries and other waste containing metals, which are vital for e-mobility.

Elemental Holding collects and recycles platinum-group metals and electrical waste, with operations in Poland, other European countries, the US and the Middle East.

EBRD Manufacturing and Services director Frederic Lucenet said: “This is an outstanding example of how new technology and progress with the green economy are working hand in hand. The EBRD is actively supporting Poland’s ambitious agenda to become a low-carbon economy and has already financed several large e-mobility projects with domestic and foreign investors.”

Elemental Holding vice-president Michal Zygmunt said: “The project reflects the strategy of Elemental Holding focusing on the recovery and refining of critical raw materials, with the application of low-carbon-footprint technology and innovations.”

The facility will see the installation of cutting-edge technology supplemented and co-financed by the Polish National Centre for Research and Development (NCBR) and supported by the European Commission.

The recycling facility will also help in the reduction of greenhouse gas emissions, as the production and use of recycled batteries and metals can lead to 98% carbon savings, in addition to using scarce natural resources more efficiently.

Technical cooperation to the project was given by TaiwanBusiness-EBRD Technical Cooperation Fund and Spain.

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Responding to the rapid rise of electric vehicles (EVs), the construction project will make it the first country in the European Union (EU) to have a facility that recycles car batteries as well as other waste containing metals. Credit: Sophie Jonas/Unsplash.

Источник/a source: http://www.worldconstructionnetwork.com (новость переведена автоматически, просим прощения за возможные неточности перевода).
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