ACE Green Completes Successful Handover of Emissions-free Lead Recycling Facility to ACME
#GreenLead #BatteryRecycling #LeadBattery"We are excited and pleased to have successfully completed the installation of ACE's lead battery recycling technology at our facility. This marks an important milestone for ACME as we build our capacity to provide sustainable lead recycling capabilities – not just for our company but for the entire lead battery ecosystem as well." - Linus P. Lu, Managing Director, ACME
January 2024 : ACE Green Recycling (ACE) has successfully delivered the first of three phases of its proprietary zero-emissions modular lead battery recycling technology to ACME Metal Enterprise’s facility in Keelung City, Taiwan.
As part of the agreement, ACE will provide equipment and proprietary chemicals to enable ACME to produce ‘GreenLead’ in a safe, sustainable and economical way. This marks the second successful deployment of ACE’s pioneering lead battery recycling technology.
ACE is a market leader in both lead and lithium-ion battery recycling technologies while ACME is Taiwan’s leading lead recycler. Through its partnership with ACE, ACME will become one of the largest producers of emissions-free lead, with a capacity to recycle 20,000 metric tonnes per year of lead batteries to produce about 12,000 metric tonnes of environmentally friendly ‘GreenLead’, generating nearly US$ 24 million in annual revenue for the Taiwanese company.
Lead batteries are a key element in the automotive and telecom industries, while also playing a crucial role in the energy transition for renewable power storage. Traditionally, lead batteries are recycled via a smelting process which involves operating temperatures of over 1,000°C, producing significant greenhouse gas (GHG) emissions, plus toxic solid waste that must go to landfill.
ACE’s room temperature recycling technology replaces the smelting furnace, is electrically powered, has zero Scope 1 GHG emissions and reduces solid waste by over 85 percent. The process will greatly enhance ACME’s profitability and minimize their operator and environmental risks.
Phase I of the agreement for 2,400 metric tons per annum was successfully handed over to ACME in December 2023, with Phases II and III to increase annual capacity to around 20,000 metric tonnes, which will proceed later this year. This collaboration with ACME demonstrates ACE's deep commitment to the battery market. Sales of GreenLead from ACME's facility will reach the key markets of Taiwan and Japan, including leading battery OEMs across Asia.
Lead batteries remain an essential component of global electrification. By successfully deploying its green solutions, ACE will continue to support and champion the lead industry and provide not just a profitable solution, but a sustainable one for all secondary lead producers.
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