Stena Recycling, part of Swedish-based Stena Metall Group, has begun construction of its lithium-ion battery recycling plant in Halmstad, Sweden.
The firm has not revealed the final recycling capacity or timelines, but expects to have a annual capacity of 10,000 tonnes at the end of the first construction phase in Q1/2023.
The plant will recycle batteries from electric cars and electrical appliances.
First announced in July, Stena is investing SEK250 million ($27 million) in the battery recycling process, which it says will make it possible to recycle 95% of a lithium-ion battery,
The batteries will initially be collected via Stena Recycling’s 90 facilities in Sweden, and eventually via other countries where the company operates.
Initial sorting takes place at these facilities, but most of the recycling will take place at the new facility in Halmstad.
In April, Stena formed a collaboration with Johnson Matthey to develop a value chain in Europe for the recycling of lithium-ion batteries and cell manufacturing materials.