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.

Electric revolution on Polish roads! As of the end of June 2023, there were 45,214 electric vehicles in Poland, of which 11,489 were registered in the first half of this year - an increase of 72% compared to 2022. The fleet of electric cars continues to grow: we already have 80,232 electric passenger cars. This is just the beginning, the number of electric vehicles continues to grow, and the charging infrastructure is developing along with them.

Shifting to electric vehicles is a step towards a green future!

A discovery that could change the future of mobility! Australian company Li-S Energy has created a revolutionary lithium-sulfur cell with 20 layers, achieving an energy density of 0.4 kWh/kg and 0.54 kWh/l. This means that this new cell can store more energy in the same unit of volume compared to a classic Li-ion cell.

The use of this new cell could open the door to innovative commercial solutions in mobility and energy technologies. We look forward to the next steps and see how this cell will revolutionize the battery market.

Battery Directive update is another step towards a sustainable future!

The European Parliament has voted to revise regulations for cells and batteries, including the popular Li-ion cells. The new standards require a minimum recycled content of raw materials and the introduction of a Battery Passport and carbon footprint declarations for every battery on the market. The goal is to recover as many raw materials as possible to take care of the planet.

Good news for the environment - up to 73% of used batteries will be recoverable by 2030, and a target of 61% by 2031 has been set for small-size batteries.