Black Mass Offtake Agreement with Glencore

We are pleased to announce that Recyclus Group has entered into a black mass offtake agreement with Glencore plc, one of the world’s leading globally diversified natural resource companies.

Through this agreement, we will supply our black mass—produced at our industrial-scale lithium-ion battery recycling facility in Wolverhampton—to Glencore’s extensive European network and operations. The partnership begins with a 100-tonne trial, after which commercial terms will be revisited.

This agreement is a key milestone in our strategy to collaborate with multiple geographical partners, demonstrating our global reach and growing reputation in the specialised field of lithium-ion battery recycling. By partnering with Glencore, we gain access to additional markets, further reinforcing our internationally focused approach as we continue to expand our black mass inventory and capabilities.

Robin Brundle, Co-Founder and Director of Recyclus, said:

“This marks another key milestone in our mission to return the critical minerals needed to power a sustainable transition to the battery supply chain. The deal is a strong endorsement for our battery recycling processes and demonstrates the demand for black mass. Commercial traction forour recycling solutions continues to increase, and the agreement further underscores our potential to build international trading partners as the world shifts to electrification.”