Redivium Secures 100% Offtake for UK Black Mass Production Over Five Years

A Strategic Milestone for Redivium

Redivium Limited (ASX, RIL) has taken a significant step forward in its journey to become a key player in the battery recycling sector by signing a definitive Marketing and Offtake Agreement with WMC Energy BV. This deal secures WMC Group as the exclusive global marketing and offtake partner for black mass and related concentrates produced at Redivium’s upcoming UK recycling facility.

Securing Market Access and Revenue Stability

Building on a binding term sheet signed earlier, the agreement guarantees offtake of up to 100% of the facility’s black mass output during its initial years. With minimum annual tonnage commitments and take-or-pay provisions, Redivium gains a level of revenue predictability that is crucial for a project still navigating regulatory approvals and construction phases.

WMC Group’s role extends beyond sales, encompassing marketing expertise, compliance assistance, and export logistics support. This comprehensive partnership positions Redivium to strategically place its recycled materials into high-value downstream markets, a critical factor given the competitive and evolving nature of the battery materials supply chain.

Implications for the European Battery Recycling Landscape

The UK facility, expected to process up to 2,000 metric tonnes annually, will be among Europe’s most strategically located battery recycling operations. Redivium’s technology, licensed from Neometals and SMS Group, aims to recover valuable metals such as lithium, nickel, and copper, feeding them back into the battery production cycle. This aligns with tightening EU regulations and growing demand for sustainable battery materials amid the automotive industry’s electrification push.

WMC Group’s commitment to a “first look and last refusal” right on future similar projects in the EU further cements the partnership’s long-term strategic nature, potentially opening doors for Redivium’s expansion across the continent.

Next Steps and Market Watch

While the agreement is subject to standard conditions precedent, including environmental and regulatory approvals in the UK, it marks a clear commercial milestone. Investors and industry watchers will be keen to monitor Redivium’s progress toward operational commencement and how this partnership influences the broader battery recycling supply chain dynamics.