• Carbon credits are measurable, verifiable emission reductions from certified climate action projects. These projects reduce, remove or avoid greenhouse gas emissions.
• Altilium Metals planned Recycling plants can issue carbon credits. Each credit which corresponds to one metric ton of reduced CO2, can be used by Altilium Metals to compensate for the emission of one ton of carbon dioxide.
• According to the International Council on Clean Transportation February briefing 2.5kg of CO2 is saved per Kg of recycled end-of life lithium ion battery.
• For the planned MEDET and UK plant 20,000 MT plant of cathode waste (being 40,000 MT of spent battery), the carbon saving is 100,000 MT or USD 2.5 million in additional income per year (@ USD 25/MT per carbon credit)
• Additional carbon projects have been identified in Indonesia including forestry and solar farms expanding the opportunity to supply carbon credits to polluters.
• Altilium Metals climate action projects reduce global emissions, enhance livelihoods and protect the planet.