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A unique Lead Acid Battery (LAB) recycling technology to reduce CO2 emissions by 89%, reduce waste by 81%, and transform the battery recycling industry

Objetivo

Lead Acid Batteries (LABs) are a vital and widely-used technology. The global LAB market is expected to grow by 59% to €71.6 billion by 2022 with Europe accounting for the second largest market share.
Waste LAB recycling rates are as high as 95% in Europe, but the current recycling process – smelting waste LABs in a
furnace – consumes vast quantities of energy, is highly polluting, wasteful, large scale and expensive. Furthermore, smelted
lead must be further processed to produce the essential LAB ingredient: the active lead oxide paste.
A new lead recycling process is needed that is energy efficient, non-polluting, low cost, scalable and produces LAB-ready
lead products. Such process would meet EC priorities by addressing resource efficiency, the sustainable supply of raw
materials and drive the circular economy.
AEL has developed a novel hydrometallurgical process technology to recycle waste LABs in a highly energy efficient, non-polluting and cost effective way. NUOVOpb’s commercial appeal lies in its low cost and scalability, and our ground-breaking ability to produce LAB-ready products that exceed the performance of current products on the market. Our LAB-ready paste can create new LABs with 22% greater energy capacity and 50% longer life.
The technology has the potential to transform the global battery recycling industry, which has an expected value of €9.5 billion in 2024.
5 years post project, we expect to be operating 18 NUOVOpb facilities across the world. These will be processing 490,000
tonnes of waste LABs (6% of the global waste LAB market) and avoiding 196,000 tonnes CO2 emissions every year. In doing so, AEL will secure annual revenues of €206 million, profits of €54 million, and will have created 200 jobs within AEL.
NUOVOpb is the most complete closed-loop recycling system in the world, providing significant commercial opportunities for businesses in both the LAB recycling and LAB manufacturing supply chain, globally.

Ámbito científico (EuroSciVoc)

Programa(s)

Tema(s)

Régimen de financiación

SME-2 - SME instrument phase 2

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Convocatoria de propuestas

(se abrirá en una nueva ventana) H2020-SMEInst-2016-2017

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Coordinador

AURELIUS ENVIRONMENTAL LTD
Aportación neta de la UEn
€ 1 304 100,00
Dirección
INGLESIDE 233 ALCESTER ROAD
B13 8PY BIRMINGHAM
Reino Unido
Pyme
Sí
Región
West Midlands (England) West Midlands Birmingham
Tipo de actividad
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Enlaces
Coste total
€ 1 863 000,00