Mecaware secures €2.5M EIC Accelerator grant for battery metal recycling plant
Mecaware received a €2.5 million grant from the EIC Accelerator program to develop an industrial pilot plant in Béthune for recycling metals from end-of-life batteries.
Counterparts (2)
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- €2.5M grant, the maximum EIC Accelerator provides.
- Mecaware is a subsidiary of the Saint-Gobain Group.
- Project focuses on an industrial pilot plant for end-of-life battery metal recycling.
- Located in Béthune, Hauts-de-France, France.
Source Intelligence
The pilot plant is expected to produce more than 8,000 tonnes of metals per year by 2029. Quote: 'permettra à l’entreprise de produire plus de 8 000 tonnes de métaux par an à horizon 2029'. The €2.5 million EIC Accelerator grant provides access to an equity investment of up to €10 million. Quote: 'La subvention européenne de 2,5 millions d’euros de l’EIC Accelerator lui ouvre l’accès à un investissement en equity pouvant atteindre 10 millions d’euros'. The project will create a hundred direct jobs. Quote: 'avec la création d’une centaine d’emplois directs'. Mecaware's technology recycles strategic metals from battery waste, specifically lithium, cobalt, and nickel, into carbonates or metallic hydroxides. It is a closed-loop system that uses no impactful inputs, generates no effluents, and requires little external energy. Quote: 'Nous valorisons des métaux essentiels comme le lithium, le cobalt et le nickel, sous forme de carbonates ou d’hydroxydes métalliques, répondant aux normes de la filière batterie. Notre technologie, en circuit fermé, n’utilise pas d’intrants impactants, ne génère pas d’effluents – notamment les sulfates– et requiert peu d’énergie externe'
"la start-up Mecaware obtient 2,5 millions d’euros de subventions du programme européen EIC Accelerator."
"programme européen EIC Accelerator."
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