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Primobius firms up German battery recycling plant costs

  • : Metals
  • 21/05/07

Australia's Neometals and Germany's SMS Group have finalised capital and operating cost estimates for their first lithium-ion battery recycling plant in Germany with an anticipated processing capacity of 18,250 t/yr (50 t/d).

The capital cost estimate of $165mn and operating cost estimate of $1,560/t of batteries, processed by their joint venture firm Primobius, is based on pilot plant trials in Canada in 2020 utilising a proprietary flowsheet developed by Neometals.

Wet commissioning of a demonstration plant in Germany of unspecified location is expected to start in June with trials being completed in July. Data will be incorporated into a formal economic study within a feasibility study expected to be completed by the end of this year. A final investment decision is scheduled for the first quarter of 2022, which could see a plant becoming operational in the first quarter of 2023.

The demonstration plant trials will produce graphite, copper sulphate, manganese sulphate, cobalt sulphate, nickel sulphate, lithium sulphate ammonium sulphate and iron and aluminium hydroxide. Feedstock will come mainly from nickel-manganese-cobalt (NMC) cathode batteries from electric vehicles and stationary energy storage batteries, reflecting increasing volumes of nickel content production scrap.

Pilot plant trials were based on a feedstock blend of 50pc lithium cobalt oxide and NMC11 battery cathodes, reflecting the predominant end-of-life battery chemistry in 2020.

Neometals cited research showing that in 2030 around 315GWh of 1.62mn t of lithium-ion batteries will go to reuse or recycling with most available for recycling. Over the remainder of this decade, waste and scrap from battery production, or around 10pc of planned cell output capacity, will be the main feedstock source.

Governments are increasingly implementing policies that require auto producers to be responsible for end-of-life collection and management of EV and consumer batteries.

Primobius plans to enter into long-term offtake agreements for recycled products with participants in the lithium-ion battery supply chain, including reciprocal battery and scrap supply arrangements.


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25/03/26

Trump unveils new tariffs on auto imports: Update

Trump unveils new tariffs on auto imports: Update

Adds details throughout Washington, 26 March (Argus) — President Donald Trump said today he would impose a 25pc tariff on foreign-made cars and trucks imported into the US, but said there will be no tariffs on automobiles assembled in the US. Trump said the new tariffs on imported automobiles marked the "beginning of Liberation Day", the term Trump has used to reference his plan to unveil sweeping tariffs on major foreign trade partners on 2 April. The White House estimates the tariff on imported cars and trucks will generate $100bn/yr in new tariff revenue. Trump said the auto tariff will go into effect on 2 April, providing a financial incentive for automakers to relocate manufacturing to the US. "We'll effectively be charging a 25pc tariff, but if you build your car in the United States, there's no tariff," Trump said in remarks at the White House. "And what that means is a lot of foreign car companies, a lot of companies, are going to be in great shape." The auto tariffs will likely add thousands of dollars to the price of many imported cars and trucks. But the tariffs — the details of which have yet to be released — appears more targeted than Trump's initial plan to impose a 25pc tariff on nearly all imports from Canada and Mexico, because the tariffs would not apply to cars and trucks parts, so long as the vehicles are assembled in the US. "Anybody that has plants in the United States it's going to be good for, in my opinion," Trump said. Ontario premier Doug Ford previously warned that Trump's plan to impose a nearly across-the-board import tariff could have caused auto manufacturing in the US and Canada to grind to a halt within as few as 10 days. Trump eventually delayed those tariffs until 2 April. Earlier this week, Trump said that South Korean automaker Hyundai's decision to invest $5.8bn to build a steel mill in Louisiana offered a blueprint for how companies could avoid tariffs. Trump has already imposed a 25pc tariff on steel and aluminum, and earlier this week said he would announce tariffs on imported lumber, semiconductor chips and pharmaceuticals. Even as a lack of details about the upcoming tariffs has fueled uncertainty for businesses and sharp declines on US stock markets, Trump has continued to announce additional tariffs. On Tuesday, Trump said any country taking delivery of Venezuelan oil or gas would be "forced" to pay an incremental 25pc tariff on any goods imported in the US. US oil executives appear to be growing tired of Trump's chaotic trade policy, particularly his imposition of a 25pc tariff on imported steel that is used in drill pipes, executives said in a survey the US Federal Reserve of Dallas released Wednesday. The uncertainty over tariffs and trade policy is causing "chaos", they said in the survey, and increasing their cost of capital. "Tariff policy is impossible for us to predict and doesn't have a clear goal," an unnamed oil executive said in the survey. "We want more stability." By Chris Knight Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Trump to impose new tariffs on auto imports


25/03/26
25/03/26

Trump to impose new tariffs on auto imports

Washington, 26 March (Argus) — President Donald Trump will announce new tariffs on the automobile industry later today, the White House said, at a time of significant uncertainty about his trade policies. Trump plans to offer further details on the automobile tariffs this afternoon, less than a week before he plans to announce tariffs against major foreign trade partners on 2 April, which Trump has dubbed "Liberation Day". Trump has already imposed a 25pc tariff on steel and aluminum, and earlier this week said he would announce tariffs on imported lumber, semiconductor chips and pharmaceuticals. Trump last month threatened to impose 25pc tariffs on most imports from Canada and Mexico, starting on 4 March — including imported automobiles and vehicle parts — but he eventually offered a one-month reprieve for US automakers before delaying those tariffs entirely until 2 April. The scope and timing of the upcoming automobile tariffs remains unclear, and the White House has yet to provide further details. But Ontario premier Doug Ford previously warned that steep tariffs on Canada could cause auto manufacturing in the US and Canada to grind to a halt within as few as 10 days. Earlier this week, Trump said that South Korean automaker Hyundai's recent decision to invest $5.8bn to build a steel mill in Louisiana offered a blueprint for how companies could avoid tariffs. "This is the beginning of a lot of things happening," Trump said. Even as a lack of details about the upcoming tariffs has fueled uncertainty for businesses and sharp declines on US stock markets, Trump has continued to announce additional tariffs. On Tuesday, Trump said any country taking delivery of Venezuelan oil or gas would be "forced" to pay an incremental 25pc tariff on any goods imported in the US. US oil executives appear to be growing tired of Trump's chaotic trade policy, particularly his imposition of a 25pc tariff on imported steel that is used in drill pipes, executives said in a survey the US Federal Reserve of Dallas released Wednesday. The uncertainty over tariffs and trade policy is causing "chaos", they said in the survey, and increasing their cost of capital. "Tariff policy is impossible for us to predict and doesn't have a clear goal," an unnamed oil executive said in the survey. "We want more stability." By Chris Knight Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

UK TRA to broaden scope of steel safeguard review


25/03/26
25/03/26

UK TRA to broaden scope of steel safeguard review

London, 26 March (Argus) — The UK Trade Remedies Authority (TRA) has widened its review of the steel safeguard in light of concerns raised by steelmakers, it said today. The TRA has broadened the scope of its developing economy status review, which it began on 28 February, after UK Steel said a number of factors warranted a broader review to right-size quotas on certain products. In a submission to the TRA earlier this month, UK Steel said the reimposition of US steel tariffs, the fall in domestic demand and quota liberalisation, and tighter EU safeguards meant the review should be widened. UK Steel said products with "larger residual quotas", hot-dip galvanised (HDG), plate and rebar, are exposed to diverted trade. Last year, more than half of ‘other countries' HDG imports came from Vietnam, 66pc of ‘other countries' plate from South Korea and 78pc of ‘other countries' rebar from Algeria. In its recent steel safeguard review, the EU imposed caps on ‘other countries' HDG, plate and rebar of 20-25pc. It is likely that a similar mechanism could be implemented in the UK to avoid crowding out of traditional flow, but the outright quota volumes are much smaller than in the EU. UK Steel asked for 15pc caps on each product. UK Steel also said the quotas should be reduced in line with softer demand, or at least the rate of liberalisation reduced, in line with the 0.1pc rate in the EU. The reversal of redistributed volumes from Russia and Belarus should also be considered, it said, again in line with EU changes. Carryover of unused quotas from one quarter to the next should also be stopped. The association also said China, India, Turkey, Brazil and Vietnam should not be considered developing countries for the purpose of the safeguards, which would mean they all come into the scope of the ‘other countries' quotas. The TRA said interested parties can now register interest or provide updated submissions until 9 April. Argus reported last month that UK steelmakers had requested greater import protection . By Colin Richardson Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Korea's LGES inks US energy storage system battery deal


25/03/26
25/03/26

Korea's LGES inks US energy storage system battery deal

Singapore, 26 March (Argus) — South Korean battery manufacturer LG Energy Solution (LGES) has secured a deal to supply Taiwanese electronics manufacturing firm Delta Electronics a total 4GWh of residential energy storage system (ESS) batteries. The two firms signed a "strategic partnership" and the US-produced batteries will be supplied during 2025-30, said LGES on 26 March. LGES will begin the production of lithium-iron-phosphate (LFP) ESS batteries in the second half of 2025 at its plant in Holland, Michigan, which will be equipped with an ESS production line. They will also under the partnership explore the power grid and commercial ESS markets, said LGES. Delta last year agreed to jointly develop new electric vehicle (EV) charging architecture in the US alongside the US' EV public charging station provider EVGo. LGES last year said it plans to reduce its dependence on the EV battery business and is looking to produce ESS cells in the US from 2025 through its subsidiary, LGES Vertech. The anticipation of higher tariffs on Chinese ESS batteries coming into effect in the US has driven LGES to expect greater growth in market demand for US-produced batteries, the firm said. The firm earlier this week signed another LFP ESS battery deal with Polish state-controlled utility PGE and it intends to also expand ESS battery production in Europe. By Joseph Ho Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

US consumer expectations at 12-year low: Survey


25/03/25
25/03/25

US consumer expectations at 12-year low: Survey

Houston, 25 March (Argus) — The Conference Board's preliminary Consumer Expectations Index fell in March to its lowest in 12 years, to below a threshold that "usually signals" a recession ahead. The Expectations Index, based on the short-term outlook for income, business and labor-market conditions in the US, dropped 9.6 points to 65.2, the lowest level in 12 years and "well below the threshold of 80 that usually signals a recession ahead," according to the survey. The headline Consumer Confidence index fell by 7.2 points to 92.9 in March, marking a fourth month of declines. The Present Situation Index, reflecting consumer assessments of current business and labor-market conditions, fell by 3.6 points to 134.5. The survey cutoff date for preliminary results was 19 March. US consumers' expectations were "especially gloomy, with pessimism about future business conditions deepening and confidence about future employment prospects falling to a 12-year low," according to the report. Average 12-month inflation expectations rose to 6.2pc in March from 5.8pc in February "... as consumers remained concerned about high prices for key household staples like eggs and the impact of tariffs." "Comments on the current (US) administration and its policies, both positive and negative, dominated consumers' write-in responses," the report said. By Bob Willis Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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