Cronimet and CNGR join forces to close the loop in battery recycling

Cronimet and CNGR Advanced Material have signed a Heads of Agreement (HoA) to expand Cronimet’s recycling capacity at its newly founded competence center for battery materials and battery recycling, Revomet Bitterfeld GmbH.
Left: Oliver Kleinhempel — Managing Director, Revomet Gmbh Right: James Baek - CEO, CNGR Global Recycling. Copyright: Cronimet

Under the terms of the agreement, CNGR’s investment will allow it to become a strategic partner of Revomet. Under the partnership, Revomet will install its first two processing lines at the new lithium-ion battery recycling facility in Bitterfeld, Germany. The new installation will have an annual capacity of 28,000 metric tons, and the first line is expected to be operational in the first half of 2024.

This partnership enables CNGR and Cronimet to operate one of the largest battery recycling facilities in Western Europe. The partners will evaluate further projects in Bitterfeld and other countries as demand requires.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.