Project description
Enhancing the efficiency of recycling and trading metal
The process of metal production adversely affects the environment. Waste from extractive processes alone, accounts for one of the largest waste streams in the EU. The process also accounts for 7 % of global energy consumption, contributing significantly to carbon emissions. The EU-funded Schrott24 project will provide an intelligent online marketplace that digitises and automates large parts of the industry for scrap metal and recycled metals. It helps match buyers and sellers to optimise outcomes for both parties, aligning the European scrap trading market with the digital single market. With its use, the European metal recycling industry could contribute to building a sustainable future for the EU.
Objective
The production of primary raw materials, such as metals, requires widespread and large-scale mining. This involves heavy
processes and chemicals with harsh labour conditions, substantial transport and pollution emissions. Waste from extractive
processes is one of the largest waste streams in the EU (727 million tonnes p.a.) with certain fractions containing high
concentrations of toxic substances including heavy metals. The mining and processing of virgin materials is a leading cause
of deforestation and requires huge amounts of energy and water. Furthermore, these processes account for 7% of global
energy consumption and contribute substantially to carbon emissions. The widespread use of secondary (recycled) raw
materials is crucial to addressing this global challenge.
The European metal recycling industry has the potential to be a major contributor to a sustainable future for the EU.
However, it is outdated, offline, and inefficient, leading to low recycling rates even for valuable commodities. The Schrott24
Platform is an intelligent online marketplace that digitises and automates large parts of the industry for scrap metal and
recycled metals. It dynamically matches buyers and sellers to optimise outcomes for both parties, aligning the European
scrap trading market with the digital single market.
We use advanced pricing and matching algorithms, matching the seller of a certain metal scrap, with a certain logistics need,
with the most efficient recycling solution. This can be a local scrap yard for a small electrician with 500kg of copper cable
waste, or a specialized aluminium smelter that is in need of a specific alloy in the yard of a scrap dealer unknown to them.
With the integration of transport service providers, they are not only matched, but we can facilitate the whole process, to
ensure the fulfilment of the clients’ needs. Schrott24 is disrupting the industry, allowing it to deliver a sustainable, circular
economy for raw materials in the EU.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering waste management waste treatment processes recycling
- social sciences economics and business business and management commerce e-commerce
- natural sciences chemical sciences inorganic chemistry post-transition metals
- engineering and technology electrical engineering, electronic engineering, information engineering electrical engineering
- social sciences economics and business economics sustainable economy
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-2 - SME instrument phase 2
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
8020 GRAZ
Austria
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.