The company is accelerating the next phase of its recycling project to demonstrate that its hydrometallurgical black mass process is scalable, profitable, and can be implemented at other locations.

The quota issued should be enough, as nickel ore consumption last year was below this, its energy and mineral resources minister said.

The qualification testing is an important aspect of the MOU signed earlier with C4V for a potential manganese offtake deal.

Russia plans to speed up its only lithium production project by 3-4 years from an originally planned 2030.