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[Ferro-Alloys.com] 

Oman: Sohar Freezone, Starsun sign deal to establish battery recycling plant

Sohar Port and Freezone on Sunday signed a land lease agreement with Starsun Sohar (FZC) to establish a recycling plant dedicated to the sustainable management of lead-acid batteries in Sohar Freezone.

With a total investment of $3mn and an area of 7,000sqkm, the recycling plant, furnished with cutting-edge technologies, is focused on recovering valuable materials from locally used batteries, with a projected production capacity of 1,000 tonnes per month, along with exporting lead ingots, lead oxide, and red lead oxide to key markets, including India, China, Korea, and several European countries. These products will be traded on the London Metal Exchange, thereby bolstering global trade capacities.

• [Editor:邢亞敏]