Sailors SocietyPort of South LouisianaTelestackGeneva DryViganVan Aalst
  • Port of South Louisiana
  • TMS Awards 2023
  • Bühler GmbH
  • Cimbria
  • Van Aalst
  • Port of Stockton

Trafigura completes acquisition of Ecobat Stolberg multi-metals plant

Trafigura completes acquisition of Ecobat Stolberg multi-metals plant

(Posted on 20/02/23)

Trafigura, a market leader in the global commodities industry, and Ecobat, the global leader in battery recycling, have confirmed that Trafigura’s acquisition of the Ecobat Resources Stolberg GmbH (ERS) business has been completed following the satisfaction of customary conditions precedent including the receipt of regulatory approvals.

As previously announced, the Stolberg plant will be operated and managed by Nyrstar, an international producer of critical minerals and metals essential for a low carbon future. The Stolberg business will operate under the name ‘Nyrstar Stolberg GmbH’ going forward. Nyrstar is wholly owned by the Trafigura Group.

“We welcome the highly engaged Stolberg team to Nyrstar and look forward to working hand in hand to increase local availability of highly relevant materials for the fast-evolving European green transition as we plan to bring Nyrstar Stolberg on line in the coming weeks,” said Guido Janssen, Co-CEO of Nyrstar.

“We are pleased to complete this sale and look forward to championing the Stolberg plant as it restarts production under a new owner. Meanwhile, we will continue to concentrate our portfolio on our core business of battery recycling in the circular energy economy,” said Marcus Randolph, CEO of Ecobat.

ERS – which will operate under the name Nyrstar Stolberg - was founded in 1848 and is one of the largest and most modern primary multi-metal smelters in the world. The facility produces primary lead and more than 100 different specifications of market-leading lead alloys, battery based sulphuric acid as well as precious metals such as silver, gold, and platinum from lead concentrates. The plant has been under repair since a major flood event occurred in July 2021.

Nyrstar is an international producer of critical minerals and metals essential for a low carbon future. With a market leading position in zinc and lead, Nyrstar has mining, smelting and other operations located in Europe, the U.S. and Australia and employs approximately 4,000 people. Its Corporate Office is based in Budel-Dorplein, the Netherlands.

Trafigura is a leading commodities group, owned by its employees and founded 30 years ago.

Latest News

Funding to decarbonise iron ore processing in Labrador West

(Posted on 29/02/24)

The Government of Canada HAS awarded C$18.1 million from its Low Carbon Economy Fund to Rio Tinto&rsquo... Read more


Australia’s biggest renewables deal to repower Gladstone aluminium operations

(Posted on 22/02/24)

Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply... Read more


BHP half year results released

(Posted on 22/02/24)

Mike Henry, Chief Executive Officer, reviewed the Company's operating and financial performance:&ldquo... Read more


Titan Lithium to set up AED 5 Billion processing plant in KEZAD

(Posted on 14/02/24)

Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose... Read more


Australia’s iron ore leaders partner for steel decarbonisation

(Posted on 11/02/24)

Australia’s two largest iron ore producers and its biggest steelmaker have partnered in their... Read more


Lithium market to face transition as demand growth slows

(Posted on 02/02/24)

The lithium market is experiencing a period of transition as demand growth slows and the industry adjusts... Read more


Top US construction economist anticipates weak first half of 2024

(Posted on 31/01/24)

The top economist for the cement, concrete, and construction industries anticipates the U.S. economy... Read more


ADM to expand traceable soybean pilot after U.S. to Europe deliveries

(Posted on 25/01/24)

ADM, a global leader in sustainably sourced solutions from nature, has announced that it has loaded... Read more


MMW and HAG merge

(Posted on 18/01/24)

Mineralmahlwerk (MMW) Hamm, one of the largest processors of mineral raw materials in Europe, and Handels... Read more


Dampier Salt agrees to sale of Lake Macleod operation to Leichhardt

(Posted on 18/01/24)

Dampier Salt Limited (Dampier Salt) has entered into a sales agreement for the Lake MacLeod salt and... Read more


Bühler GmbHTBA GroupPort of StocktonCimbriaTMS Awards 2023
  • Vigan
  • Telestack
  • TBA Group

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping