Contract with the Wałbrzych Special Economic Zone

We are pleased to announce that Rare Metals has signed an agreement with the Wałbrzych Special Economic Zone.

At the end of March 2022 in Poland we had less than 43.5 thousand electric cars. Is this result which is satisfying for us?

The topic is very hot and we can argue about it endlessly. One thing is certain - the number of electric cars will be growing and in the same time on the market will appear parts that can be reused - all for the benefit of the environment.

We are pleased to announce that our company Rare Metals Sp. z o.o. - Recycling for Elektromobilności and Automotive today signed a decision on support with the Wałbrzych Special Economic Zone "INVEST-PARK". We are starting the construction of a modern lithium-ion (li-ion) battery processing plant, components for their production, and comprehensive service for this segment.

Rare Metals Recovery acquires competing metal processing plant.
Wroclaw, February 20, 2024 - Rare Metals Recovery (RMR), a Wastes Service Group company, announces its next phase of growth in the strategic raw materials recycling sector.

As part of its strategy to strengthen its market position and pursue sustainable growth, RMR has acquired an organized part of PRODIGO sp. z o.o.- Metal Preparation and Processing Plant in Miroslawice, Lower Silesia province. The new acquisition will enable RMR to expand in the area of recycling critical raw materials for the economy, including copper, aluminum, nickel and cobalt.

Currently, the company owns GUIDETTI, PANIZZOLO, MEWA, and PRONAR recycling lines, however, one of the key steps in the company's development plans is the launch of a new line for granulation and separation of non-ferrous metals and thin-walled materials, as well as the modification of existing recycling and recovery lines within a few weeks. These investments will enable more efficient production and better adapt to growing market demands.

RMR places special emphasis on providing comprehensive services to the automotive and electric vehicle (EV) industries. Against the backdrop of the rapid growth of the EV sector and the increasing role of sustainable practices in the automotive industry, RMR intends to provide innovative raw material recycling solutions.
Stay tuned for further updates on RMR's new services and achievements at www.RareMetalsRecovery.com. The company announces that it will unveil even more innovative solutions dedicated to the automotive EV industry in the coming weeks.
As part of the Wastes Service Group, RareMetals Recovery is committed to activities that contribute to environmental protection through efficient recycling and recovery of strategic raw materials, and works for the development of a closed-loop economy. Operating under the highest standards of quality and sustainability, RMR continues to expand its operations, guided by innovation and the pursuit of excellence.

Uzbekistan is rapidly becoming a leader in electromobility in Central Asia, surprising us with the dynamics of development of this sector!
Their successful electromobility policy deserves recognition and is an inspiration for many, including Poland. It's worth watching this success and learning valuable lessons!
At the same time, China, the global leader in electromobility, holds the reins in the production of 60% of the world's electric cars. 🔌 Today, Chinese companies are rapidly expanding their horizons, penetrating the market in Europe, Southeast Asia and, more recently, Central Asia.

CATL sells LFP cells with 2.2 C for less than half the 2023 price, ~$56/kWh. BYD is struggling to cut costs.