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Weser-Metall

COVID-19 forces lead battery recycler Recylex’s German subsidiaries to file for insolvency

Wed, 05/20/2020 - 11:42 -- Paul Crompton

The German operating units of French lead battery recycler Recylex have been forced by German law to request the opening of insolvency proceedings.

The management of the battery recycling subsidiaries Weser-Metall, Harz-Metall, Norzinco and PPM Pure Metals have applied to initiate a procedure known as "protective shield” in accordance to the German Insolvancy Code.

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Battery smelter stops lead production as COVID-19 and mild winter strikes markets

Thu, 04/09/2020 - 09:55 -- Paul Crompton

German firm Weser-Metall stopped production at its primary lead smelter until further notice as demand from battery makers slumped amid temporarily halts in operations at global car plants.  

The decision by the Recylex-owned firm on 26 March was made to allow the firm to “adapt to the sharp drop in demand, particularly in the automotive industry, and in a context of sharp drop in metal prices”.

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