REG - Technology Minerals - Appointment of Operations Director at Recyclus

Technology MineralsAnnouncement

29/05/2024 07:00

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RNS Number : 1692Q  Technology Minerals PLC  29 May 2024

 

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29 May 2024

 

Technology Minerals Plc

 

("Technology Minerals" or the "Company")

 

Appointment of Operations Director at Recyclus

 

Technology Minerals Plc (LSE: TM1), the UK's pioneering firm in establishing a
circular economy for battery metals, is pleased to announce that its 48.35%
owned battery recycling business, Recyclus Group Ltd ("Recyclus"), has
appointed Tony Walmsley as Operations Director.

Tony has more than 30 years' experience in recycling, chemicals and
engineering contracting sectors; designing, building, and operating diverse
processes and manufacturing facilities.  He has held senior positions in
global corporations as well as leadership roles in business start-ups.

Most recently, Tony spent two years working for Ascend Elements Inc.
developing its lithium-ion battery recycling operations in USA and Europe.
Prior to this, Tony served as General Manager at Whelan Refining Ltd, where
they managed the recycling of waste oil to produce base oil. Tony also worked
as a Project and Plant Manager at Yelo Enterprises Ltd, overseeing the
construction and operation of a rapeseed processing facility and biomass power
plant. Tony is a Chartered Chemical Engineer and possess a Fellowship in
Manufacturing Management from Cranfield University.

Robin Brundle, Chairman of Technology Minerals and Director of Recyclus, said:
"I am delighted to welcome Tony to Recyclus. Tony's extensive experience in
the sector will prove invaluable, particularly with our plans to roll-out
additional recycling plants in the UK. We are currently assessing three sites
in Scotland which are under consideration for our second lithium-ion battery
recycling plant. We are proud to have assembled a world-class leadership team
in this fast-moving lithium-ion battery space, attracting and retaining top
talent to drive the next phase of our growth and expansion."

Tony Walmsley, Operations Director at Recyclus, said: "It is an exciting time
to join Recyclus and the team behind the UK's first industrial scale
lithium-ion battery recycling plant. I have been impressed by their ambition
and growth strategy. My experience in overseeing the construction and
operation of multiple plants aligns well with Recyclus' expansion plans. At a
time when it is crucial for the UK to enhance its battery recycling
capabilities, I am delighted to be working with a national leader in this
field."

 

Enquiries

 

 Technology Minerals Plc
 Robin Brundle, Executive Chairman             +44 (0)20 4582 3500

 Alexander Stanbury, Chief Executive Officer

 Oberon Capital (Broker)
 Nick Lovering, Adam Pollock                   +44 (0)20 3179 0500

 Gracechurch Group (Financial PR)
 Harry Chathli, Alexis Gore, Rebecca Scott     +44 (0)20 4582 3500

 

Technology Minerals Plc

Technology Minerals is developing the UK's first listed, sustainable circular
economy for battery metals, using cutting-edge technology to recycle, recover,
and re-use battery technologies for a renewable energy future. Technology
Minerals is focused on raw material exploration required for Li-ion batteries,
whilst solving the ecological issue of spent Li-ion batteries, by recycling
them for re-use by battery manufacturers. Further information on Technology
Minerals is available at  www.technologyminerals.co.uk
(http://www.technologyminerals.co.uk) .

Recyclus Group Ltd

The demand for the raw materials used in battery manufacturing is anticipated
to increase substantially. Recyclus Group provides a national recycling
initiative that supports the transition to carbon neutrality. Recyclus Group's
battery recycling capacity will prove essential in the shift from fossil fuels
to electric transportation. Through its strategic support from Technology
Minerals, Recyclus is an integral component to the recycling of Li-ion and
lead acid batteries and is a significant contributor towards the circular
economy of battery metals. Further information on Recyclus Group is available
at www.recyclusgroup.com (http://www.recyclusgroup.com/) .

 

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