By Sabela Ojea

 

Glencore PLC said Thursday it has entered into a battery-recycling joint venture with battery maker Britishvolt Ltd. aimed at developing an ecosystem for such recycling in the U.K.

The Anglo-Swiss commodity mining and trading company said a plant will process all Britishvolt's battery-manufacturing scrap from the planned gigafactory in Blyth, located in England. The facility is expected to be operational by mid-2023, the company said.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

February 03, 2022 02:41 ET (07:41 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
Glencore (PK) (USOTC:GLNCY)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Glencore (PK) Charts.
Glencore (PK) (USOTC:GLNCY)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Glencore (PK) Charts.