Mastermelt has formed a strategic collaboration with a long-time partner, Germany’s Hensel Recycling. This aims to advance the recycling and processing of platinum group metal (PGM)-based fuel cell and electrolyser materials in Europe, combining the former’s expertise in processing and refining with the latter’s in the collection, dismantling and mechanical processing of end-of-life fuel cells.

UK-based precious metal recovery specialist Mastermelt has acquired both IEX Technologies, a supplier of advanced ion exchange materials and process technology to the pharmaceutical industry, and a solvent distillation plant from Green Lizard Technologies, which is a University of Belfast spinout. Terms were not disclosed.