REG - Technology Minerals - Recyclus crowdfunding campaign with Crowdcube

Technology MineralsAnnouncement

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RNS Number : 9475V  Technology Minerals PLC  10 March 2026

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

10 March 2026

 

Technology Minerals Plc

 

("Technology Minerals" or the "Company")

 

Recyclus launches crowdfunding campaign with Crowdcube

 

Technology Minerals Plc (LSE: TM1), the first UK listed company focused on
creating resource and manufacturing resilience through a sustainable circular
economy for battery metals and other critical resources, is pleased to
announce that its 48.35% owned battery recycling business, Recyclus Group
("Recyclus"), has launched a crowdfunding campaign (the "Fundraising") with
FCA regulated Crowdcube Capital Limited ("Crowdcube"), the equity crowdfunding
platform.

 

It has been a significant 12 months for Recyclus, marked by commercial growth,
operational scale-up and record financial performance. Year-on-year revenue
for Recyclus increased by 179% in 2025, with July and August representing the
company's first profitable months, whilst December delivered its strongest
month in terms of both revenue and contract wins.

 

The funds raised will be used to purchase additional plant equipment designed
to improve productivity and utilisation, optimise recycled material outputs
and increase the value derived from each tonne processed.  Recyclus is
working to strengthen the UK's domestic supply chains for critical battery
materials, operating the UK's first industrial scale lithium-ion ("Li-ion")
battery recycling facility in Wolverhampton.  By addressing the challenges
around battery waste, Recyclus supports a more resilient and sovereign supply
chain for critical minerals in an increasingly electrified world.

 

The Crowdcube campaign has Recyclus at a pre-money valuation of £30m. For
further information on the Fundraise that is eligible for relief under the
Enterprise Investment Scheme ("EIS"), refer to the Recyclus website
https://recyclusgroup.com/ (https://recyclusgroup.com/) .

 

Alex Stanbury, CEO of Technology Minerals, said: "With electrification
gathering pace all the time, the UK needs to rapidly strengthen its supply
chain for critical battery materials. Recyclus, is aiming to tackle this by
recovering those much-needed materials from Li-ion batteries, and after a
record-breaking 2025, the team at Recyclus are excited to be taking the next
step in this mission. The Fundraising raise will be used by Recyclus to scale
its operational capability, and by investing in additional plant equipment,
will aim to significantly enhance the quality and yield of the materials
recovered, enabling greater value from every tonne processed."

 

This announcement is not intended to be a financial promotion. No
recommendation is given by the Company or its directors to invest in the
Fundraising.  Please note the risk factors and other disclaimers with respect
to the Fundraising which can be found below. This announcement has been
approved by Crowdcube and is provided by the Company as an update which is
material to the Company in compliance with the Company's disclosure
obligations.

 

Enquiries

 

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

 Alex Stanbury, Chief Executive Officer

 Fortified Securities (Lead Broker)
 Guy Wheatley                               +44 (0)20 3411 7773

 Oberon Investments Limited (Joint 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

 

Since July 2023, Recyclus Group has operated a national, industrial-scale
lithium-ion battery recycling service that supports the UK's transition to
carbon neutrality. The Group's commitment to cradle-to-cradle battery
recycling reduces reliance on the extraction of virgin materials, promotes a
circular economy for these metals within the UK, supports the advancement of
next-generation recycling technologies, and aligns with the UK's resilience
and critical minerals strategy.

 

With strategic backing from Technology Minerals, Recyclus plays a central role
in lithium-ion battery recycling and contributes significantly to the circular
economy for battery metals.

 

Further information on Recyclus Group is available at www.recyclusgroup.com
(http://www.recyclusgroup.com/)

 

 

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