Zero Pre acquires battery recycling facilities in Meppen
PreZero, a leading German waste and environmental services provider, has announced the acquisition of Re.Lion.Bat. Circular, a battery recycling company based in Lower Saxony, Germany. This acquisition, backed by state politics and municipalities, marks a significant step towards a more sustainable future.
The acquired company, already holding certifications according to ISO 9001 and ISO 14001, operates a state-of-the-art facility capable of processing up to 30,000 tons of used batteries per year. An expansion to a capacity of 60,000 tons has been approved, further emphasizing PreZero's commitment to battery recycling.
PreZero intends to integrate processing, second-life use, and recycling in one system at the acquired facility. This integrated approach, supported by the existing certifications and licenses, aims to encompass the entire lifecycle of lithium-ion batteries.
Used batteries are initially mechanically crushed at the facility, and the recycling process is based on a thermomechanical process. The materials are then separated into plastics, iron and non-ferrous metals, and a substance called the 'black mass' containing lithium, nickel, cobalt, and graphite. The recovery rate for the black mass at the facility is over 98 percent.
The local government and municipalities have shown their support for this acquisition and the subsequent integrated system, recognizing the potential for a more circular economy in the battery sector. PreZero, as a certified waste disposal company, has obtained additional certifications including ISO 9001 and ISO 14001, and an ESG rating is currently being prepared.
The company's commitment to environmental, social, and governance standards is further demonstrated by the preparation of an ESG rating. This indicates a focus on transparency, accountability, and a dedication to sustainable practices, ensuring a greener future for all.
With the acquisition of Re.Lion.Bat. Circular, PreZero is set to house the largest European recycling facility for lithium-ion batteries, paving the way for a more sustainable battery industry.
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