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Leveraging online services to enhance the efficiency and transparency of recycling and trading of metal throughout the EU.

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.

Call for proposal

H2020-EIC-SMEInst-2018-2020

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Sub call

H2020-SMEInst-2018-2020-2

Coordinator

SCHROTT24 GMBH
Net EU contribution
€ 1 180 482,63
Address
Vinzenz-muchitsch-str.14
8020 Graz
Austria

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Region
Südösterreich Steiermark Graz
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Non-EU contribution
€ 505 921,12