RE:Think out of the boxThe release is an off take from a facility that is yet to be built and funded. Meaning more capital will need to be raised. Off course, Federal Government will contribute but there's work to be done. :)
The first recycling module (Module 1) is expected to produce more than 2,000 metric tonnes per annum of mixed hydroxide precipitate from approximately 4,500 tonnes of black mass. This is the equivalent to recycling batteries from more than 20,000 full electric vehicles per year, or 80,000 plug-in hybrid electric vehicles. Module 1 is one of several modules that are expected to be constructed over the next decade, as Electra’s recycling capacity grows with market demand for processing of black mass.