New direction for Stellantis and Orano battery recycling collaboration

Regulatory News:

Stellantis and Orano will not complete the proposed joint venture for recycling end-of-life batteries and scrap from electric vehicles, according to the non-binding memorandum of understanding announced by the two parties in October 2023.

The two entities are grateful for the collaboration that has developed over time and are exploring other possible commercial relationships, given the quality of Orano’s recycling process.

About Orano

As a recognized international player in nuclear materials, Orano provides solutions to address current and future global challenges in the areas of energy and health. Its expertise and mastery of advanced technologies enable Orano to offer its customers products and services with high added value throughout the entire fuel cycle. Every day, the 17,500 employees of the Orano Group draw on their skills, unwavering commitment to safety and constant search for innovation, with the commitment to develop know-how in the transformation and control of nuclear materials, for the climate and for a healthy and resource-efficient world, now and tomorrow.

Orano, where nuclear energy shows its full value.

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