Glencore, Managem to Produce Cobalt From Recycled Battery Materials
January 26 2022 - 5:02AM
Dow Jones News
By Kyle Morris
Glencore PLC said Wednesday that it has entered into a
partnership with Managem for the production of cobalt from recycled
battery materials in Morocco.
The FTSE 100 natural-resources major said the companies will
produce cobalt at Managem's CTT Hydrometallurgical Refinery at
Guemssa, near Marrakech.
The partnership is conditional on a feasibility study to assess
the commercial viability of the refinery for recovering cobalt,
nickel and lithium from black mass, a refinery feed comprised of
recycled lithium-ion batteries, it said.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
January 26, 2022 04:47 ET (09:47 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Glencore (PK) (USOTC:GLNCY)
Historical Stock Chart
From Apr 2024 to May 2024
Glencore (PK) (USOTC:GLNCY)
Historical Stock Chart
From May 2023 to May 2024
