Battery recycler Stena Recycling signed a deal with Freyr Battery for recycling services of scrap battery material from Freyr’s customer qualification plant in Norway. Stena will provide a total waste management solution, working in cooperation with its partner Østbø.
Tove Nilsen Ljungquist, EVP Operations of Freyr, said the agreement is not only to secure a responsible handling of scrap material from production, but also potentially to reuse the recycled material in its own production of new batteries.
There is an option to cover Freyr’s new Giga Arctic battery production facility in northern Norway. The battery material will be transported by rail to Stena’s new battery recycling facility in southern Sweden.
Marcus Martinsson, Product Area Manager Batteries at Stena Recycling, said: “Our new plant in Sweden has an initial yearly recycling capacity of 10,000 tons, and we are prepared to scale up our battery recycling capacity as the market grows.
“Within 10 years we expect to handle at least 5-10 times higher volume than what we can handle today.”
The facility will handle battery material collected and pre-treated in all Stena Recycling’s existing facilities and processes in Sweden, Denmark, Poland, Finland, Norway, Germany and Italy.
Stena Recycling received Skr 70.7 million ($6.8 million) in 2021 in funding from the Swedish Energy Agency towards building the new facility.