Business & Finance
Veolia CEO Wants Stricter Ban on EU Exports of Used Battery Material
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Veolia CEO Wants Stricter Ban on EU Exports of Used Battery Material The head of Veolia Environnement SA urged the European Union to impose a stricter ban on exports of black mass — material from used electric-vehicle batteries that includes critical metals — to favor local processing. The bloc is trying to reduce its reliance on countries such as China for materials that are key for EV batteries, renewable equipment and defense industries. It plans to ban the export of black mass to...
Veolia CEO Wants Stricter Ban on EU Exports of Used Battery Material
The head of Veolia Environnement SA urged the European Union to impose a stricter ban on exports of black mass — material from used electric-vehicle batteries that includes critical metals — to favor local processing.
The bloc is trying to reduce its reliance on countries such as China for materials that are key for EV batteries, renewable equipment and defense industries. It plans to ban the export of black mass to non-OECD countries from Dec. 9, EU industry chief Stephane Sejourne said on Thursday during a visit to Veolia’s first plant that can extract metals from the battery material.