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The Markets
by Proactive
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The Markets
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Battery Metals

Technology Minerals says Wolverhampton battery recycling plant will reopen today after fire last night

Technology Minerals PLC (LSE:TM1) told investors that the Recyclus plant in Wolverhampton will reopen today, after an isolated fire in an area separate from the plant’s main operations.

The London-listed company, which owns 48% of Recyclus, said that the incident occurred shortly after midnight, tenders arrived promptly on the scene and the blaze was quickly contained.

“The company's fire safety management protocols worked successfully as confirmed by the emergency services and the plant will reopen today after consultation with all the appropriate agencies,” it said in a statement.

It added: “The fire broke out in a goods inward building and was contained within one of seven bays which is used to store batteries prior to processing, and is separate to the recycling plant.

“There was no damage to the other six bays. No one was hurt and no other buildings or plant were affected.

“The burnt material will be processed through Recyclus' system so that no materials are wasted or sent to landfill.”

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