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Integrated Solution from ElectraMet and Xylem to Simplify Metals Recovery for Battery Recycling and Semiconductor Manufacturers

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ElectraMet has signed a memorandum of understanding with Xylem Inc. (NYSE: XYL) to explore collaboration on scalable peroxide and metals removal solutions for North American lithium-ion battery recyclers and microelectronics manufacturers. The integrated solutions, expected to be available this year, will combine ElectraMet's technology for targeted metal removal and recovery with Xylem's pre- and post-treatment solutions. This collaboration aims to provide higher value impact in a condensed footprint, addressing the growing demand for turnkey, sustainable waste remediation solutions that comply with tightening regulations and ESG reporting requirements.

The proposed solutions will enable onsite metal recovery and peroxide removal, enhancing water reuse efficiency and reducing the need for hazardous waste transport, thereby minimizing associated operational risks.

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Positive

  • Potential expansion into the growing battery recycling and semiconductor markets
  • Development of integrated, turnkey solutions for waste remediation
  • Potential for increased efficiency and sustainability in metal recovery and water reuse
  • Reduction in hazardous waste transport and associated operational risks

Negative

  • None.

News Market Reaction 1 Alert

-1.03% News Effect

On the day this news was published, XYL declined 1.03%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

LEXINGTON, Ky., Sept. 6, 2024 /PRNewswire/ -- ElectraMet® has entered into a memorandum of understanding with Xylem Inc. (NYSE: XYL) to explore collaboration on scalable peroxide and metals removal solutions for North American lithium-ion battery recyclers and microelectronics manufacturers. The potential solutions will leverage ElectraMet's technology for the targeted removal and recovery of metals, as well as peroxide abatement – crucial deliverables in microelectronics waste treatment and battery recycling processes. The integration of ElectraMet's advanced technology with Xylem's robust pre- and post-treatment solutions will seek to provide metals and peroxide remediation solutions with higher value impact to customers in a condensed footprint.

Manufacturers increasingly seek turnkey, sustainable solutions for waste remediation to comply with tightening regulations and ESG reporting. The integrated solutions, available this year, will recover metals onsite and remove peroxide to drive efficiency in water reuse applications. Reduction of hauling required for traditional treatment modes will also reduce the need for hazardous waste transport and minimize the associated operational risks.

Media Contact:
Aziz Vora
Marketing Director
aziz.vora@electramet.com

Cision View original content:https://www.prnewswire.com/news-releases/integrated-solution-from-electramet-and-xylem-to-simplify-metals-recovery-for-battery-recycling-and-semiconductor-manufacturers-302240764.html

SOURCE ElectraMet

FAQ

What is the purpose of the collaboration between ElectraMet and Xylem (XYL)?

The collaboration aims to develop scalable peroxide and metals removal solutions for North American lithium-ion battery recyclers and microelectronics manufacturers, combining ElectraMet's metal removal technology with Xylem's pre- and post-treatment solutions.

When will the integrated solutions from ElectraMet and Xylem (XYL) be available?

The integrated solutions are expected to be available this year (2024).

What are the potential benefits of the ElectraMet and Xylem (XYL) collaboration for customers?

The collaboration aims to provide higher value impact solutions in a condensed footprint, enable onsite metal recovery and peroxide removal, enhance water reuse efficiency, and reduce the need for hazardous waste transport.

How does the ElectraMet and Xylem (XYL) collaboration address regulatory compliance?

The integrated solutions are designed to help manufacturers comply with tightening regulations and ESG reporting requirements by providing turnkey, sustainable waste remediation solutions.
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