#Australia #Ace Green Recycling #Perth #sustainable recycling #Enecell

Ace Green Recycling and Enecell: A Strategic Partnership for Sustainable Battery Recycling in Australia

In a significant move for the battery recycling industry, Ace Green Recycling, Inc., known for its innovative sustainable battery recycling solutions, has announced a strategic partnership with Enecell, a leading recycler based in Perth, Australia. This collaboration aims to advance sustainable battery recycling practices in a country renowned for its lithium production, setting a new standard for environmental responsibility in the sector.

Groundbreaking Agreement

The partnership is marked by a master offtake agreement, through which Enecell will supply Ace with 100% of the recycled lead material produced at its battery recycling facility in Perth. This collaboration signifies Ace's first commercial engagement in Australia and represents an important step forward in enhancing recycling capabilities in the region. The agreement has an initial duration of ten years, with provisions for renewal and expansion as needed. Under this agreement, Ace will resell the recycled materials through its extensive global distribution network.

Enecell’s Perth facility boasts an impressive processing capacity of over 33 million pounds of recycled lead products. This partnership does not only involve lead but also opens the door for future advancements, including the installation of Ace’s proprietary GREENLEAD® technology. Known for its fully electric process that generates zero Scope 1 emissions, this technology is poised to redefine lead battery recycling, making it cleaner and more efficient. Moreover, Ace's LithiumFirst™ technology, capable of commercially recycling lithium batteries, may also find its way into Enecell’s facilities, further elevating the environmental standards set by this collaboration.

Impact on the Circular Economy

Together, Ace and Enecell aim to create a robust battery recycling facility that will streamline the processing of used batteries, thereby enhancing local recycling capabilities. This partnership plays a crucial role in the transition toward a circular economy, whereby materials are reused, and waste is minimized. Notably, the initiative reduces the need for hazardous material transportation between borders, aligning with global sustainability goals and environmental regulations.

Strategic Fit for Growth

This partnership fits perfectly within Ace Green Recycling’s broader growth strategy, emphasizing capital efficiency while generating revenues. The master offtake agreement ensures that Ace has the right to match any commercial terms offered by potential customers interested in purchasing battery material from Enecell for their own use. This flexibility not only enhances Ace’s platform for recycling solutions but also provides additional security of feedstock for future projects.

According to Paul Owens, Founder and CEO of Enecell, "Ace shares our vision in promoting eco-friendly solutions to support lead recycling. Our respectful appreciation for their innovative technology and extensive customer network is profound. Witnessing Ace's technology firsthand left a significant impression on me, and I look forward to partnering to create more climate-focused recycling opportunities for both lead and lithium batteries in Australia."

In agreement, Nishchay Chadha, CEO and Co-Founder of Ace expressed, "Ace and Enecell are pioneers committed to sustainable solutions for lead recycling. Expanding our operations into Australia, a previously untapped market, is a thrilling opportunity for us. With Australia’s strict regulatory environment around lead smelting, partnering with Enecell allows us to fill the demand for lead through a more sustainable recycling framework. Given that Australia is the world's leading lithium producer, we also recognize substantial potential for lithium battery recycling in this market."

About the Companies

Ace Green Recycling is a Delaware-incorporated platform recognized for its innovative approaches to battery recycling. It provides comprehensive end-of-life solutions, supporting various industries such as electronics, automotive, and energy storage. Founded by industry veterans, Ace has established modular facilities that operate without carbon emissions, underlining its commitment to sustainable practices.

Enecell, headquartered in Perth, is focused on environmental sustainability and the recycling of lead batteries. As the demand for energy storage rises, the company's role in responsible disposal and recycling has become increasingly vital, aiming to lessen the environmental footprint while recovering valuable resources for new products.

For those interested in learning more about these companies and their initiatives in battery recycling, visit Ace Green Recycling and Enecell.