cylib secured a double-digit million equity investment
It was selected by the European Innovation Council for a share of €97M to recycle batteries into critical raw materials.
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Lithium-ion battery recycling company
cylib.deLast updated
In short: cylib expanded its battery recycling operations, securing over $90M in grants and acquiring a major processing facility in Bavaria.
It was selected by the European Innovation Council for a share of €97M to recycle batteries into critical raw materials.
The facility in Wernberg-Köblitz has 10,000 metric tons annual capacity and will start operations in Q4 2026.
The letter urges amendments to make manufacturing support bankable, with clear criteria, output-based support, and binding timelines.
EPO report highlights cylib's technology amid 42% annual patent growth. Europe needs ecosystem for circular value chains.
Cylib takes over a battery recycling plant in Bavaria with an annual capacity of up to 10,000 tons. Commissioning is planned for the end of 2026.
The German battery recycler Cylib has taken over a plant for mechanical processing of old batteries in Bavaria. The site has an annual capacity of up to 10,000...
Aachen, Germany-based recycling specialist Cylib is participating in a 25-partner German consortium aimed at advancing sodium ...
The Aachen-based battery recycling company Cylib is part of a consortium of 25 companies and research institutions working ...
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