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The latest announcement is out from Technology Minerals PLC ( (GB:TM1) ).
Technology Minerals has announced that new separation equipment at its 48.35%-owned Recyclus facility in Wolverhampton is now operational, allowing the recovery of copper and aluminium as discrete, saleable outputs alongside black mass in a single continuous process. This upgrade marks a notable operational and efficiency gain, adding material value per tonne processed and strengthening Recyclus’s role as the UK’s first industrial-scale lithium-ion battery recycler.
To fund rapid installation, Technology Minerals extended a £100,000 short-term bridge loan to Recyclus, which is expected to be repaid by late July 2026 from proceeds generated by reprocessing around 180 tonnes of legacy material on site. Management highlights that primary processing has continued largely uninterrupted, and the enhanced recovery of black mass, copper and aluminium is expected to materially boost revenue per tonne, underscoring a strategy of extracting maximum value from existing capacity while advancing further strategic initiatives.
Spark’s Take on TM1 Stock
According to Spark, TipRanks’ AI Analyst, TM1 is a Underperform.
Technology Minerals PLC has a low overall stock score due to poor financial performance and weak technical indicators. Despite some positive corporate developments in battery recycling, the lack of revenue and persistent losses significantly impact the score. Strategic initiatives, if successfully executed, could improve future prospects.
To see Spark’s full report on TM1 stock, click here.
More about Technology Minerals PLC
Technology Minerals PLC is a UK-listed company focused on building a sustainable circular economy for battery metals, combining raw material exploration for lithium-ion batteries with advanced recycling and recovery of spent cells. Through its 48.35% stake in Recyclus Group, it targets industrial-scale lithium-ion battery recycling to reduce reliance on virgin materials and support the UK’s critical minerals and net-zero strategies.
Average Trading Volume: 54,739,610
Technical Sentiment Signal: Strong Sell
Current Market Cap: £2.28M
Find detailed analytics on TM1 stock on TipRanks’ Stock Analysis page.