#Eramet, #Suez eye #EV battery recycling in #France by 2024

PARIS, March 16 (Reuters) – French mining group Eramet (ERMT.PA) said on Wednesday it could develop jointly with Suez a recycling facility in France for electric vehicle batteries by 2024.

Eramet, a major producer of nickel and manganese for the steel sector, has focused increasingly on materials for electric vehicles.

In addition to large mine deposits in Indonesia and Argentina, it sees recycling as contributing to its potential to cover 20% of the European Union’s nickel requirements, 25% of the bloc’s lithium needs and 12% of its cobalt demand for EV batteries by 2030.

The joint project would produce black mass, a metal concentrate containing nickel, cobalt, manganese, lithium and graphite that is suitable for hydrometallurgical refining.

Read more at: https://www.reuters.com/technology/eramet-suez-eye-ev-battery-recycling-france-by-2024-2022-03-16/

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