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.

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

The plant runs on 100% green electricity. Mercedes-Benz already offers reconditioned batteries as spare parts for all of its existing EVs. Mercedes-Benz has opened the doors to an innovative new battery recycling plant in southern Germany that it says “creates a genuine circular economy” for the brand’s electric vehicles.

Mercedes-Benz opened a new EV battery recycling plant in Germany, hoping to reduce the consumption of valuable primary resources significantly.

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