By Kyle Morris
Glencore PLC said Wednesday that it has entered into a partnership with Managem for the production of cobalt from recycled battery materials in Morocco.
The FTSE 100 natural-resources major said the companies will produce cobalt at Managem's CTT Hydrometallurgical Refinery at Guemssa, near Marrakech.
The partnership is conditional on a feasibility study to assess the commercial viability of the refinery for recovering cobalt, nickel and lithium from black mass, a refinery feed comprised of recycled lithium-ion batteries, it said.
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(END) Dow Jones Newswires