The Italian government could get involved to speed up the permitting process for a recycling hub planned by Glencore in Sardinia, but first the Swiss miner has to present a complete business plan for it, the industry minister said. Glencore and battery recycler Li-Cycle Holdings Corp said in May they would develop a recycling hub for electric car batteries in Italy to produce materials, including lithium carbonate, amid a global shortage of key raw materials for the fast-growing electric vehicle sector.
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Glencore may look elsewhere for recycling hub after Italy rejects fast-track approvalGlencore Plc may look at alternative options for a recycling hub in Europe for electric car batteries after the Italian region of Sardinia rejected a fast-track approval process for its pilot project, the mining company said.
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