Page 159 - CW E-Magazine (28-1-2025)
P. 159

News from Abroad


       PARTNERSHIP
       Altilium and Helm join forces to set up supply chain

       for recycled lithium in UK


          Altilium, a UK-based clean technology                           In addition to producing cathode active
       group, has tied up with German chemi-                              materials  (CAM)  for  qualifi cation  with
       cals company, Helm, through its UK sub-                            automotive customers, the facility will
       sidiary LevertonHelm Ltd., that will see                           produce high volumes of lithium, avail-
       the two companies working together to                              able for re-entry into the British supply
       develop a sustainable domestic supply                              chain.
       chain for lithium in the UK.
                                                                             As well as strengthening the domes-
          By combining Altilium’s expertise in  lithium in the UK, thus helping to meet  tic  supply chain  for  lithium,  Altilium’s
       recovering battery materials from spent  the demand for sustainable and domesti-  recycling process also reduces the carbon
       batteries with LevertonHelm’s lithium  cally sourced battery materials.  footprint of lithium production and will
       production capabilities, the partnership                           enable battery manufacturers to comply
       aims to reduce the UK’s reliance on   Currently the UK is dependent on  with new EU battery regulations. As of
       imported raw materials and support the  the global market for this battery raw  August 2031, new EV batteries in the EU
       transition to a greener economy.  material, with China responsible for the  must  contain  at  least  6%  lithium  from
                                         refi ning of 60-70% of lithium found in  recycling, rising to 12% by 2036.
          Under the terms of the MoU signed  EV batteries.
       between  the  fi rms,  LevertonHelm  will                              LevertonHelm is a leading producer
       initially qualify technical grade lithium   Altilium’s recently opened  ACT2  of lithium chemicals with a worldwide
       carbonate recovered from end-of-life EV  recycling facility in Plymouth has capacity  customer base across demanding indus-
       batteries and production scrap at Altilium’s  to recover lithium and other battery metals  trial applications.  The two companies
       recycling facilities in Devon.  This is  from  300-kg  of  black  mass  waste  (the  will also explore the joint development
       expected to lead to offtake and tolling  equivalent of one EV battery) per day,  of alternative lithium processing tech-
       agreements for the supply of recycled  using its proprietary  EcoCathode process.  niques.

       Jones-Hamilton boosts hydrochloric acid business Nexchlor
       acquisition

          Jones-Hamilton  (JH),  a  US-based  including animal health and nutrition,  acid manufacturing units, JH has built an
       producer and marketer of hydrochloric  water treatment, oil and gas, steel pro-  extensive North  American logistics net-
       acid and sodium bisulphate, has acquired  cessing and specialty chemicals.  work including terminals, a railcar fl eet
       Dallas-based Nexchlor, a wholly-owned                              of over 300 cars, and a large tank trailer
       subsidiary of Copperbeck Energy Part-  In addition to its three hydrochloric  fl eet.
       ners LLC (a portfolio company of Tail-  Mosaic sells phosphate mining unit in Brazil
       water Capital).
                                           US-based  Mosaic  Company  and  $125  million  in  cash  over  six  years.
          Nexchlor is an exclusive marketer  Brazil’s  Fosfatados  Centro  have  en-  “This transaction aligns with Mosaic’s
       and distributor of hydrochloric acid pro-  tered into an agreement for the sale of  strategy to scrutinise and monetise
       duced by Dover Chemical Corporation.  a phosphate asset owned by Mosaic  non-core assets and redeploy capital to
                                         located in Patos de Minas, Brazil.   high-returning areas, and we believe
          JH operates manufacturing opera-                                the full value of the Patos asset will be
       tions in South Carolina and Ohio, serv-  Upon the closing of the transac-  realised in the capable hands of Fosfa-
       ing customers in over 20 countries with  tion, Fosfatados Centro will assume  tados Centro,” said Ms. Karen Swager,
       a  variety  of  branded  and  commodity  responsibility for the Patos de Minas  Mosaic’s Executive  Vice President,
       chemicals for a wide variety of markets  mine and tailings dams and pay Mosaic  Operations.


       Chemical Weekly  January 28, 2025                                                               159


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