ACE Green Recycling has partnered up with African firm Tabono Investments to establish a joint venture dedicated to battery recycling in South Africa.
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The partnership will construct two advanced battery recycling plants in the Johannesburg region. The facilities will separately process and recycle lead-acid and lithium-ion batteries utilising ACE’s proprietary technology that creates zero Scope 1 emissions by operating without fossil fuel-based heating.
ACE, which will own a 51% stake in the facilities, and Tabono underline their mission to ‘bring radical change’ to the country’s still developing battery recycling sector.
‘Green energy is on the rise in South Africa and with it, battery usage,’ comments Liran Assness, co-founder of Tabono. ‘Without dedicated recycling facilities, the country is losing valuable materials like lithium and cobalt. We plan to take up this opportunity.’
‘Combining our expertise with Tabono will ensure development of safe and sustainable closed-loop solutions for battery materials within South Africa,’ adds ACE ceo Nishchay Chadha.
He compliments Tabono for its ‘vast experience’ in the minerals and industrial services industries across Botswana, Mozambique, Tanzania and South Africa.
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