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.
Fields of science
- engineering and technologyenvironmental engineeringwaste managementwaste treatment processesrecycling
- social scienceseconomics and businessbusiness and managementcommercee-commerce
- natural scienceschemical sciencesinorganic chemistrypost-transition metals
- engineering and technologyelectrical engineering, electronic engineering, information engineeringelectrical engineering
- social scienceseconomics and businesseconomicssustainable economy
Programme(s)
Funding Scheme
SME-2 - SME instrument phase 2Coordinator
SCHROTT24 GMBH
Net EU contribution
€ 1 180 482,63
Address
Vinzenz-muchitsch-str.14
8020 Graz
Austria
8020 Graz
Austria
See on map
Region
Südösterreich Steiermark Graz
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Non-EU contribution
€ 505 921,12