Explore the words cloud of the NUOVOpb project. It provides you a very rough idea of what is the project "NUOVOpb" about.
The following table provides information about the project.
AURELIUS ENVIRONMENTAL LTD
|Coordinator Country||United Kingdom [UK]|
|Total cost||1˙863˙000 €|
|EC max contribution||1˙304˙100 € (70%)|
1. H2020-EU.3.5. (SOCIETAL CHALLENGES - Climate action, Environment, Resource Efficiency and Raw Materials)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
|Duration (year-month-day)||from 2017-08-01 to 2019-01-31|
Take a look of project's partnership.
|1||AURELIUS ENVIRONMENTAL LTD||UK (BIRMINGHAM)||coordinator||1˙304˙100.00|
Lead Acid Batteries (LABs) are a vital and widely-used technology. The global LAB market is expected to grow by 59% to €71.6 billion by 2022 with Europe accounting for the second largest market share. Waste LAB recycling rates are as high as 95% in Europe, but the current recycling process – smelting waste LABs in a furnace – consumes vast quantities of energy, is highly polluting, wasteful, large scale and expensive. Furthermore, smelted lead must be further processed to produce the essential LAB ingredient: the active lead oxide paste. A new lead recycling process is needed that is energy efficient, non-polluting, low cost, scalable and produces LAB-ready lead products. Such process would meet EC priorities by addressing resource efficiency, the sustainable supply of raw materials and drive the circular economy. AEL has developed a novel hydrometallurgical process technology to recycle waste LABs in a highly energy efficient, non-polluting and cost effective way. NUOVOpb’s commercial appeal lies in its low cost and scalability, and our ground-breaking ability to produce LAB-ready products that exceed the performance of current products on the market. Our LAB-ready paste can create new LABs with 22% greater energy capacity and 50% longer life. The technology has the potential to transform the global battery recycling industry, which has an expected value of €9.5 billion in 2024. 5 years post project, we expect to be operating 18 NUOVOpb facilities across the world. These will be processing 490,000 tonnes of waste LABs (6% of the global waste LAB market) and avoiding 196,000 tonnes CO2 emissions every year. In doing so, AEL will secure annual revenues of €206 million, profits of €54 million, and will have created 200 jobs within AEL. NUOVOpb is the most complete closed-loop recycling system in the world, providing significant commercial opportunities for businesses in both the LAB recycling and LAB manufacturing supply chain, globally.
|Independent results of LAB-ready paste properties||Documents, reports||2020-04-24 04:31:34|
|Results of LAB-ready paste used in LAB manufacturing||Documents, reports||2020-04-24 04:31:34|
|Reagent supply options appraisal report||Documents, reports||2020-04-24 04:31:34|
|10,000 tonnes/yr LAB recycling continuous flow production proces||Demonstrators, pilots, prototypes||2020-04-24 04:31:34|
|Communications materials||Websites, patent fillings, videos etc.||2020-04-24 04:31:34|
Take a look to the deliverables list in detail: detailed list of NUOVOpb deliverables.
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The information about "NUOVOPB" are provided by the European Opendata Portal: CORDIS opendata.
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