Proactive - Interviews for investors

Technology Minerals chairman says measures taken helped contain incident at Recyclus plant

Episode Summary

Technology Minerals PLC (LSE:TM1) chairman Robin Brundle talked with Proactive's Stephen Gunnion about a fire incident that occurred at Recyclus' LiBatt plant in Wolverhampton. In the early hours of the morning, a fire broke out in one of the seven goods inwards bays, a separate area from the main recycling facility. Brundle explained that the company's safety protocols worked as planned, and the fire was swiftly contained, with no injuries or damage to other parts of the plant. "The changes we put in from 14 months ago certainly helped again to reduce the length of the problem that we had this morning," Brundle stated, emphasising the company's commitment to safety and the environment. The affected materials will be processed through the recycling plant, ensuring nothing is wasted. While lithium-ion battery fires are not uncommon, Brundle highlighted the company’s ongoing learning process in collaboration with fire services to mitigate such risks. He confirmed that operations would resume later in the day following the necessary safety checks. Visit Proactive's YouTube channel for more videos, and don’t forget to like this video, subscribe to the channel, and enable notifications for future content. #TechnologyMinerals #Recyclus #LithiumBattery #ESG #BatteryRecycling #FireSafety #SustainableEnergy #ProactiveInvestors #BatteryFires #circulareconomy #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews