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Revomet GmbH and CNGR Advanced Material Co. Ltd. have formalized a joint venture, marking a significant step in advancing sustainable battery recycling in Europe. This collaboration aims to enhance the recovery of critical raw materials from battery waste, supporting a circular economy in the battery industry.
Key Highlights
- CNGR acquires 25% stake in revomet Bitterfeld GmbH.
- Partnership combines revomet’s recycling technologies with CNGR’s pCAM expertise.
- Focus on recovering nickel, cobalt, and lithium in high purity.
- Supported by CRONIMET’s global network for logistics and collection.
- Establishes a flagship project for Europe’s battery raw material supply chain.
Partnership Details
Revomet Bitterfeld GmbH operates one of Europe’s most advanced facilities for recycling battery scrap in Bitterfeld-Wolfen. The joint venture builds on a Heads of Agreement signed previously, with CNGR set to hold a 25 percent stake once all conditions are met. This initiative transforms battery waste into valuable raw materials, closing the loop in the battery value chain and strengthening sustainable supply.
The partnership leverages complementary strengths. Revomet contributes advanced recycling technologies, deep process know-how, and a central location in Bitterfeld-Wolfen, with additional offices in Leipzig and Karlsruhe. CNGR, a global leader in precursor cathode active materials (pCAM), brings extensive production expertise and a worldwide network in the battery sector. As revomet’s parent company, CRONIMET adds its decades of leadership in stainless steel recycling, along with extensive logistics and collection capacities across Europe.
Strategic Importance
This German-Chinese cooperation stands out as one of the first in Europe’s battery industry, serving as a pioneering model for international partnerships. CNGR’s experience from the Chinese market, a leading hub for e-mobility and battery technologies, combines with revomet’s European recycling competence to create a unique knowledge and technology hub in Bitterfeld.
Dr. Filipe Costa, Managing Director of revomet GmbH, emphasized that the partnership unites cutting-edge recycling technologies, international market expertise, and a strong logistics network, setting a new benchmark for sustainable value creation in the battery industry.
Jürgen Pilarsky, CEO and shareholder of the CRONIMET Group, highlighted the group’s pride in contributing skills, expertise, and processes to foster an efficient and sustainable battery industry in Europe.
Company Backgrounds
Revomet GmbH, founded as part of the international CRONIMET Group, specializes in recycling end-of-life batteries and production-related waste. Using advanced technologies, it recovers valuable raw materials and returns them to the circular economy. The Bitterfeld-Wolfen site focuses on environmentally friendly treatment of lithium-ion batteries, supported by smart logistics and process control. Through CRONIMET’s European network, revomet uses regional hubs for collecting battery scrap, ensuring high-quality processing.
The CRONIMET Holding Group, headquartered in Karlsruhe, Germany, is a global specialist in stainless steel scrap and ferroalloys. For over four decades, it has supplied raw materials to the stainless steel industry, emphasizing recycling to secure raw material efficiency. The group employs around 1,600 people at 75 locations worldwide.
Visit cronimet.com for more information.
CNGR Advanced Material Co. Ltd., established in 2014, provides comprehensive services for advanced energy materials. It maintains strategic partnerships with leading enterprises globally, supplying high-nickel NCM and NCA products to major companies in China, Europe, USA, Japan, and Korea.
This joint venture not only drives circularity but also positions Europe as a leader in sustainable battery raw material management, reducing dependency on primary resources and promoting environmental responsibility.
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