Today, Mercedes-Benz opened its first battery-recycling plant in Germany. The new plant will use an "integrated mechanical-hydrometallurgical" approach to recycling electric vehicle batteries and expects to recover more than 96 percent of the valuable minerals and metals used in EV batteries.

Mercedes-Benz has invested tens of millions of euros in the new plant and says it will be able to recycle more than 96 per cent of battery materials.

The car manufacturer says it has established Europe’s first integrated mechanical hydrometallurgical recycling plant.

Neometals (ASX:NMT) has confirmed its 50/50 JV with Europe’s SMS Group GmbH, called Primobius, is now crucial to Mercedes Benz’s battery recycling strategy. Primobius has been seeking to incorporate Neometals’ Li-ion battery recycling capabilities into Mercedes’ larger overhead recycling strategy where European jurisdiction Germany arguably has a

Mercedes-Benz today opened Europe's first battery recycling plant with an integrated mechanical-hydrometallurgical process making it the first car manufacturer worldwide 1 to close the battery recycling loop with its own in-house facility.

German automaker Mercedes-Benz has opened its first vehicle battery recycling factory in the southern German town of Kuppenheim on Monday. The factory will in future recover recyclable materials for more than 50,