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TM1 Technology Minerals Plc

0.675
-0.025 (-3.57%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Technology Minerals Plc LSE:TM1 London Ordinary Share GB00BP094P47 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025 -3.57% 0.675 0.65 0.70 0.70 0.675 0.70 2,744,813 15:10:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 47k -3.91M -0.0026 -2.58 10.14M

Technology Minerals PLC Engineering Doctorate Programme

10/05/2023 7:06am

RNS Non-Regulatory


TIDMTM1

Technology Minerals PLC

10 May 2023

10 May 2023

Technology Minerals Plc

("Technology Minerals" or the "Company")

Engineering Doctorate Programme

Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce that its 48.25% owned battery recycling business, Recyclus Group Ltd ("Recyclus"), has confirmed its planned Engineering Doctorate programme at the first of its UK industrial scale lithium-ion ("Li-ion") battery recycling operations based in Wolverhampton, UK.

Alex Brandon-Bravo has been appointed to join the four-year Engineering Doctorate (EngD) research degree at the Recyclus operation in Wolverhampton under the supervision of the University of Warwick . Recyclus Group has been working with the Warwick Manufacturing Group ("WMG") at the University of Warwick, addressing challenges across the battery recycling sector whilst further developing the UK's capability to recycle Li-Ion batteries to 'black mass'.

Starting in July 2023, Alex will be undertaking several projects at Recyclus, focusing on the application of scientific knowledge to solve real problems in a business environment. His expertise will improve processes and productivity, as well as advance the company's understanding of recycled waste and the products recovered.

Alex is a First-Class Honours graduate from the University of Bath with an MSci in Natural Sciences, majoring in Physics with a minor in Physical Chemistry and Biology. He has significant experience within the science sector, including an internship at CERN in Switzerland, and has worked for the NHS and Civil Service in science, research and statistics, along with a passion for environmentalism and sustainability.

The Wolverhampton Li-ion battery recycling plant, which recently received clearance from the Environment Agency ("EA") to commence full operations, has the potential to recycle up to 8,300 tonnes of Li-ion batteries in the first year of operation based on a single operating shift, five days per week. It will be the first industrial-scale plant in the UK with the capability to recycle Li-ion batteries.

Robin Brundle, Chairman of Technology Minerals, said: "We are delighted to welcome Alex to the Recyclus team. With the global demand for Li-ion batteries increasing, we are committed to providing industrial-scale battery recycling solutions across all sectors which are transitioning to circular economy supply chains. Alex's technical knowledge and experience are first-class. He will be working with our technical team alongside our R&D partners at WMG, as we continue to develop our technologies in this crucial area of battery recycling and strive for even greater innovation. We look forward to working with Alex across our different projects."

Enquiries

 
 Technology Minerals Plc 
 Robin Brundle, Executive Chairman       c/o +44 (0) 20 4582 3500 
  Alexander Stanbury, Chief Executive 
  Officer 
                                        ------------------------- 
 
 Oberon Investments Limited 
                                        ------------------------- 
 Nick Lovering, Adam Pollock             +44 (0)20 3179 0535 
                                        ------------------------- 
 
 Gracechurch Group 
                                        ------------------------- 
 Harry Chathli, Alexis Gore, Rebecca 
  Scott                                  +44 (0) 20 4582 3500 
                                        ------------------------- 
 

Technology Minerals Plc

Technology Minerals is developing the UK's first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. To meet the increasing global demand for battery metals to supply electrification, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk

Recyclus Group Ltd

Demand for the raw materials used in battery manufacturing is expected to increase substantially. Recyclus Group provides a national recycling initiative that supports the transition to carbon neutrality. Recyclus Group's battery recycling capacity will prove essential in the shift from fossil fuels to electric transportation. Through its strategic support, Recyclus is integral to the recycling of lithium-ion and lead-acid batteries and is a significant contributor towards the circular economy of battery metals. Further information on Recyclus Group is available at www.recyclusgroup.com

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END

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(END) Dow Jones Newswires

May 10, 2023 02:06 ET (06:06 GMT)

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