Close Menu
    What's Hot

    He Found Out His Brother Died While in Seat 37B

    March 4, 2026

    Owner of collapsed Brazilian bank arrested for second time

    March 4, 2026

    All Eyes on $95 — Will This Level Launch SOL Toward New Highs?

    March 4, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Markets»Stocks»Glencore to drop plans for EV battery recycling hub in Italy
    Stocks

    Glencore to drop plans for EV battery recycling hub in Italy

    Press RoomBy Press RoomNovember 23, 2023No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Glencore to drop plans for EV battery recycling hub in Italy - unions
    © Reuters. FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo

    ROME (Reuters) – Swiss mining company Glencore (OTC:) will no longer build an electric vehicle (EV) battery recycling plant on the Italian island of Sardinia due to delays in the authorisation process, Italian trade unions said.

    Glencore said in May it was going to develop the site with Canada’s Li-Cycle, saying the plant would produce lithium and other materials from the shredded material extracted from used car batteries, known as “black mass”.

    The lack of firm deadlines for the environmental impact assessment procedure that is being carried out by Sardinia’s regional government has led the two companies to decide to build the hub elsewhere, CGIL, CISL and UIL labour unions said in a statement on Wednesday.

    Glencore was not immediately available for comment. A spokesperson for Italian Industry Minister Adolfo Urso also did not reply to a request for comment.

    Business newspaper Il Sole 24 Ore said on Thursday the battery recycling facility would likely instead be built in Germany, but added that locations in Spain, Canada and the U.S. were also being considered.

    Last month, Reuters reported that documents filed by Glencore as part of the environmental impact assessment procedure had been judged insufficient by Sardinia’s regional administration

    Also in October, Glencore said it might look at alternative options for the hub after the Sardinian regional government rejected a fast-track approval process for its pilot project.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    XRP fails to top $1.41 despite Ripple’s partnership with Aviva

    February 15, 2026

    Citi sees 3 major risks in Pinterest stock’s path to recovery

    February 15, 2026

    Commodity wrap: gold, silver tumble as rate cut bets fade; oil slips 3%

    February 14, 2026
    Leave A Reply Cancel Reply

    LATEST NEWS

    He Found Out His Brother Died While in Seat 37B

    March 4, 2026

    Owner of collapsed Brazilian bank arrested for second time

    March 4, 2026

    All Eyes on $95 — Will This Level Launch SOL Toward New Highs?

    March 4, 2026

    BTIG’s Jonathan Krinsky: Investors should shift to an offensive positioning strategy

    March 4, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.