Commodities and Futures News

Israeli lead producer to use ACE Green emissions-free recycling

2023.06.21 05:19


© Reuters. FILE PHOTO: Workers dismantle batteries to obtain lead from them at ACE Green recycling Inc in Ghaziabad, on the outskirts of New Delhi, India, February 15, 2021. REUTERS/Adnan Abidi/File Photo

LONDON (Reuters) – U.S.-based ACE Green Recycling, which has developed a lead battery recycling process with no greenhouse gas emissions, said it will deploy its technology to Israel’s Hakurnas Lead Works.

The deal to set up the processing at Hakurnas’ facilities in Israel and Romania will progressively create 50,000 metric tons of annual lead battery recycling capacity, worth $60 million of lead metal sales a year, ACE Green added in a statement.

Initial operations using ACE Green’s equipment are expected to commence at the Hakurnas plant by the fourth quarter.

ACE Green’s technology replaces the hot smelting process for lead battery recycling with one at room temperature, running on electricity.

It has been developed in response to bets that demand for recycled metals, especially with healthy environmental footprint, would rise with the global energy transition.

In December, ACE Green signed a 15-year agreement which allows for global miner and trader Glencore (OTC:) to purchase up to 100% of its products from its planned lead-acid and lithium-ion battery recycling parks in several countries.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 75,202.15 1.11%
vested-xor
Vested XOR (VXOR) $ 3,405.08 99,999.99%
ethereum
Ethereum (ETH) $ 2,809.65 6.11%
tether
Tether (USDT) $ 1.00 0.06%
solana
Solana (SOL) $ 188.93 1.32%
bnb
BNB (BNB) $ 593.77 1.65%
usd-coin
USDC (USDC) $ 1.00 0.03%
xrp
XRP (XRP) $ 0.545913 2.79%
dogecoin
Dogecoin (DOGE) $ 0.190394 1.50%
staked-ether
Lido Staked Ether (STETH) $ 2,807.47 6.03%
tron
TRON (TRX) $ 0.160289 2.28%
cardano
Cardano (ADA) $ 0.377746 6.50%
the-open-network
Toncoin (TON) $ 4.88 3.71%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,335.22 6.74%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 75,169.14 1.21%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 0.31%
avalanche-2
Avalanche (AVAX) $ 26.90 2.23%
weth
WETH (WETH) $ 2,811.75 6.36%
chainlink
Chainlink (LINK) $ 12.29 3.79%
bitcoin-cash
Bitcoin Cash (BCH) $ 377.66 3.15%
sui
Sui (SUI) $ 2.29 0.14%
polkadot
Polkadot (DOT) $ 4.09 0.55%
leo-token
LEO Token (LEO) $ 6.28 1.32%
usds
USDS (USDS) $ 0.986141 0.91%
uniswap
Uniswap (UNI) $ 9.02 1.78%
litecoin
Litecoin (LTC) $ 70.93 1.47%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,960.18 6.40%
near
NEAR Protocol (NEAR) $ 4.16 1.70%
aptos
Aptos (APT) $ 9.63 3.57%
pepe
Pepe (PEPE) $ 0.00001 10.47%
bittensor
Bittensor (TAO) $ 513.57 1.56%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.39 0.29%
internet-computer
Internet Computer (ICP) $ 7.63 0.05%
dai
Dai (DAI) $ 1.00 0.07%
monero
Monero (XMR) $ 165.01 1.76%
ethereum-classic
Ethereum Classic (ETC) $ 19.85 3.85%
kaspa
Kaspa (KAS) $ 0.117445 0.35%
stellar
Stellar (XLM) $ 0.098599 2.43%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.13%
whitebit
WhiteBIT Coin (WBT) $ 19.37 0.24%
aave
Aave (AAVE) $ 180.66 10.57%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.341511 5.00%
blockstack
Stacks (STX) $ 1.66 0.16%
okb
OKB (OKB) $ 40.13 2.50%
crypto-com-chain
Cronos (CRO) $ 0.086913 3.47%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.41%
dogwifcoin
dogwifhat (WIF) $ 2.34 0.75%
arbitrum
Arbitrum (ARB) $ 0.570447 9.04%
filecoin
Filecoin (FIL) $ 3.72 3.36%
mantle
Mantle (MNT) $ 0.63855 8.35%