Tech firm ACE Green Recycling partners with STC for battery recycling equipment supply

CIOTechOutlook Team | Monday, 13 February 2023, 11:32 IST

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A Memorandum of Understanding (MOU) between STC, a top European engineering, procurement, and construction management company with expertise in developing facilities and machinery for battery recycling and lead production, and ACE Green Recycling (ACE), an integrated technology and supply chain platform for battery materials, was recently signed.
 
By combining its patented technology with ACE's zero Scope 1 emissions solutions for lead and lithium-ion batteries, STC will build battery recycling facilities that provide manufacturing of recycling equipment as well as overall engineering and project management services. A joint licencing and marketing strategy for STC and ACE's battery recycling technologies will also be looked into.
 
Giorgio La Sala, CEO of STC, says, "We hope the synergies between ACE and STC will help the battery recycling industry further improve recycling efficiencies and reduce environmental impacts, while ensuring reliable quality and lower costs in accordance with circular economy principles."
 
In order to recover essential battery components from recycled lead-acid and lithium-ion batteries, ACE has created a range of unique, Scope 1 emissions-free technologies. Its patented hydrometallurgical method uses only electricity as a source of energy, produces no greenhouse gases, and offers industry-leading recovery yields.
 
"This collaboration leverages STC's expertise in manufacturing high quality equipment and large-scale project management along with ACE's innovative battery recycling technology to form a partnership that will transform battery recycling globally by creating more deployment efficiencies," said Vipin Tyagi, ACE's co-founder and chief technology officer. "We are committed to sustainable global electrification and are excited to partner with STC to help us advance toward that goal."
 
STC is an Italian company that works on initiatives on the African continent, North America, and the European Union to recycle batteries and produce lead. The business, which is a member of the Monbat Group, also engages in the hydrometallurgy, electrochemistry, environmental protection, and water treatment industries.
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