
skiminok | stock.adobe.com
Ace Green Recycling Inc., a Houston-based provider of battery recycling technology solutions, has announced its signing of a collaboration agreement with Enecell, a lead battery recycler based in Perth, Australia, to advance battery recycling opportunities in Australia.
As part of the collaboration, Ace has secured a master offtake agreement whereby Enecell will sell 100 percent of its recycled lead material from its battery breaking recycling facility in Perth, Australia, to Ace for resale. Ace says it plans to market the lead battery material to its global network.
The offtake agreement has an initial term of 10 years, with the opportunity to renew.
Enecell’s Perth facility has a current processing capacity of more than 33 million pounds of intermediary recycled lead products. The master offtake agreement covers any future expansions or modifications at the facility, including lead refining, casting and alloying capabilities and lithium battery processing, according to Ace.
RELATED: Ace Green Recycling, Acme expand lead recycling partnership
“Ace and Enecell are industry pioneers when it comes to sustainable solutions for recycling lead, and we look forward to partnering with Enecell as we expand our operations into Australia, a previously untapped market for us,” Ace CEO and Co-founder Nishchay Chadha says. “Australia, similar to the U.S., has been implementing strict regulations for smelting lead and has shut down some smelters that do not meet such regulations, which, we believe, strategically positions Ace and Enecell to help meet the demand for lead by delivering a more sustainable recycling solution. While lead recycling remains a key near-term growth driver for Ace, we believe that Australia’s position as the world’s top lithium producer presents significant long-term opportunities for lithium battery recycling in this market.”
In addition, Ace and Enecell are exploring the opportunity to install Ace’s proprietary Greenlead recycling technology at Enecell’s facility. The companies are also exploring the possibility of deploying Ace’s LithiumFirst technology, which is capable of commercially recycling lithium batteries, at the facility.
Ace says this joint effort is expected to leverage both companies’ combined expertise and resources to create a recycling facility in Australia capable of processing “significant volumes” of used batteries.
“Ace shares our vision in driving the growth of environmentally friendly solutions to support smart lead recycling,” Enecell CEO and Founder Paul Owens says. “We have a profound appreciation for their innovative technology and immense customer network. I recently had the privilege of witnessing Ace’s technology in action, and I was thoroughly impressed. I look forward to partnering with Ace to bring more climate focused recycling opportunities for both lead and lithium batteries in Australia.”
The master offtake agreement provides Ace the right to match commercial terms offered by a potential end customer to purchase battery material from Enecell’s facility for its own use instead of for resale.
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