Paris, Oct 24 (EFE).- The car giant Stellantis has entered into a partnership with the French state company Orano, specialized in nuclear materials, for the recycling of batteries and other residues of electric vehicles at the end of their life.
The agreement will take shape in a joint venture that will begin production in the first half of 2026 using Orano technology to recycle all lithium-ion battery materials and manufacture new cathode materials with them, they explained. On Tuesday, the two groups in a declaration.
The raw material for the future hydrometallurgical plant that Orano will build in the French port of Dunkerque, next to the Belgian border, will come from Stellanti’s gigafactories in Europe and North America.
It will be in Dunkirk where these recovered elements will be refined for reuse in other batteries.
According to the two partners, metal recovery rates with Orano’s procedures can reach “exceptional levels of more than 90%.”
In its strategic plan Dare Forward 2030, Stellantis aims to achieve 2,000 million euros in revenue thanks to the circular economy between now and 2030. EFE