Recycling company Ace Green and metals provider Gold Star have agreed on a long-term strategic deal, securing the supply of recycling materials for batteries in Texas.
Ace Green Recycling, Inc. and Gold Star Metals, LLC have announced a significant partnership that is shaping the future of the battery market. The companies have signed a multi-year Master Used Lead Acid Batteries Supply Agreement, with the focus on securing battery recycling feedstock in Texas.
Under this agreement, Gold Star Metals will supply a minimum of 30,000 metric tons of Used Lead Acid Batteries annually. This amount can be scaled up to 100,000 MT per year as Ace Green Recycling expands its operations. The batteries will be sourced from Texas, Louisiana, Oklahoma, Kansas, Arkansas, and New Mexico.
The strategic supply agreement is expected to contribute to supply security in the U.S. battery market and is considered a significant milestone in strengthening the U.S. battery ecosystem. The partnership is also intended to promote environmental responsibility and sustainable growth in the battery recycling industry.
Parth Tanna, Business Manager at Gold Star Metals, has expressed support for Ace Green Recycling's environmental-friendly approach to lead battery recycling. He emphasized the importance of Gold Star Metals' strong regional collection network in supporting the strategic supply agreement.
Siddharth Roy, Business Director at Ace Green Recycling, stated that the partnership is a major step in securing a stable and sustainable supply chain for the Company's U.S. operations. He also mentioned that Ace Green Recycling and Gold Star Metals share a commitment to building a zero-emissions future for the global recycling industry.
The partnership between Ace Green Recycling and Gold Star Metals complements Ace's existing supply agreements, providing a strong and reliable pipeline of feedstock for the Company's clean recycling technology. The agreement supports the next generation of clean recycling solutions and is expected to support the operations of Ace Green Recycling's planned flagship facility in Texas, which is expected to commence operations in 2026.
However, specific information about the start date of Ace Green Recycling's flagship facility in Texas from the provided search results was not found.
This partnership is a testament to the commitment of both companies to a sustainable future and the importance of collaboration in achieving this goal. The battery recycling industry is set to benefit greatly from this partnership, as it promises to deliver cleaner, greener, and more efficient solutions.
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