Elemental Strategic Metals and ProLogium Technology Collaborates, Signs MoU

Elemental Strategic Metals and ProLogium Technology signed an MOU to discuss about collaboration opportunities regarding the recycling of solid-state batteries.

The two companies will cooperate to build a solid-state battery recycling platform in Europe to help strengthen the European EV battery industrial chain ecosystem.

Under the MOU, Elemental Strategic Metals will be one of the preferred recycling entities for ProLogium Technology. It means that the Asian company will supply the Polish company with used solid-state batteries and waste from their production for recycling in the first place.

At the same time, both companies plan R&D cooperation of new recycling technologies for ProLogium's solid-state batteries.

"The use of batteries in electromobility is one of the crucial areas of the global economy. What is important, the resources of rare metals used for their production are limited. Therefore, close cooperation between producers and recyclers is necessary. I am convinced that our future cooperation will be beneficial for both companies. I also hope that joint research will result in new solutions used in the battery market." concluded Michał Zygmunt, CEO of Elemental Strategic Metals.

"ProLogium is dedicated to creating a green battery industry that helps improve energy and resource efficiency, reduce carbon emissions, and promote environmental protection. End-of-life battery recycle and raw materials quality are critical for the battery industry. Cooperation with Elemental completes the last piece of ProLogium's roadmap to secure the entire value chain of EV industry."  said Vincent Yang, CEO and Chairman of ProLogium Technology.

For both companies, the values of eco-responsibility are immensely relevant. The planned cooperation will be an opportunity to positively impact our environment by reducing pollutant emissions and carbon footprint.

A crucial element of this cooperation is the potential benefits for customers due to the possible lower cost of production batteries.