Eramet announced major progress in its battery recycling project . The Group's lithium-ion battery recycling project has taken another major step towards achieving industrial-scale production in France after successfully demonstrating its ability to develop a high-yield, closed-loop recycling process for all the valuable metals contained in lithium-ion batteries, which meets the requirements of forthcoming European regulations. On the strength of the technical maturity achieved over several years of research and development, the Group has decided to launch industrialization studies in early 2022 to develop an integrated recycling solution covering the entire value chain from the dismantling of batteries to the production of nickel, cobalt and lithium salts suitable for the manufacture of new batteries.