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Stock impact report

ALTILIUM AND ENVA SIGN MOU FOR EV BATTERY RECYCLING PARTNERSHIP [Yahoo! Finance]

Sociedad Quimica y Minera S.A. (SQM) 
Last sociedad quimica y minera s.a. earnings: 3/2 09:13 pm Check Earnings Report
US:NYSE Investor Relations: ir.sqm.com
Company Research Source: Yahoo! Finance
Enva, a leading recycling and resource recovery specialist, have today announced a new strategic partnership for the collection and recycling of EV batteries in the UK. As the number of electric vehicles and battery powered devices increases, the partnership brings together Enva's nationwide collection infrastructure and extensive relationships with car dealerships, along with Altilium's expertise in the recycling of old EV batteries and recovery of critical materials, including lithium, marking a significant step towards the creation of a circular economy for battery minerals in the UK. Under the MOU, Enva and Altilium will work together to explore several key initiatives, including the safe handling and collection of EV batteries from across the UK for recycling using Altilium's EcoCathode™ process. Using advanced hydrometallurgical recycling processes, Altilium can recover over 95% of the battery metals, in a format that can be directly reused in the production of new batteries Show less Read more
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