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Glencore plans Europe’s biggest electric car battery recycling plant

Commodity trader and mining group aims to extend its business to take advantage of big demand for EVs
Glencore’s plant in Sardinia, where it aims to repurpose its zinc and lead smelter to produce lithium, nickel and cobalt — key metals used to make batteries for electric cars.

Glencore has plans to build Europe’s largest battery recycling plant as it seeks to grow its natural resources business on the back of the switch to electric cars.

The Swiss-based company, one of the world’s largest diversified natural resources groups with commodity trading and mining arms, is launching a joint study with Canada’s Li-Cycle into building the facility in Italy by 2027.

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