Hydrovolt and NG Metall enter partnership agreement
Hydrovolt, a leading European battery recycling and raw materials company, and NG Metall, a Nordic specialist in metal waste recycling, are pleased to announce their new partnership agreement with an aim to further enhance the recycling of high-voltage batteries.
The market for recycling used and waste batteries continues to grow with an expected surge in the Norwegian market in the near future. By recycling these batteries, the parties can play a crucial role in reducing environmental impact and promoting sustainability in the automotive and battery industry.
"We are thrilled to announce our partnership agreement with a leading actor within recycling, NG Metall. This partnership will enable us to expand services within safe and efficient handling, storing and recycling of used batteries together with a likeminded actor," says Ole-Christen Enger, CEO of Hydrovolt.
The collaboration between Hydrovolt and NG Metall was established in 2024, focusing on the responsible recycling of high-voltage batteries. With Hydrovolt’s state-of-the-art recycling plant in Fredrikstad and NG Metal’s expertise and operational experience through car dismantling, the companies can leverage its high level of competence on safe and efficient handling, storage and recycling of used batteries to drive growth in the Nordic battery recycling industry.
“NG Metall sought an industry-leading solution for the secure, efficient, and traceable recycling of high-voltage batteries. A partnership with Hydrovolt was therefore a natural choice, as we consider them the leading player in this field. Additionally, we share the same core values, particularly regarding compliance and responsible business operations,” says Henrik Våraker-Johansen, COO i NG Metall.
By combining the companies’ knowledge and experience, they aim to develop and establish best practices in the industry. Together, they will work towards creating a circular economy for high-voltage batteries, ensuring their proper disposal and minimizing waste.
Media contacts:
Amanda Gran | Head of Communication and Public Affairs, Hydrovolt | +47 90560611 | amanda.gran@hydrovolt.com
Helle Gaard | Head of Communication, NG Metall | +4741409460 | helle.gaard@ngn.no
About Hydrovolt:
Hydrovolt is a battery recycling and raw materials company established in 2020. By pioneering battery recycling of EVs and industrial batteries, we create a circular solution for end-of-life batteries by recovering high quality and sustainable secondary raw materials. At Hydrovolt, no battery is ever wasted through our recycling solutions driven by our vision of a circular world. Hydrovolt is headquartered in Oslo while operating one of Europe’s largest EV battery recycling plants in Fredrikstad, Norway. See hydrovolt.com for more.
About NG Metall:
NG Metall is a leading player in the recycling of metals and electronic waste, with a strong focus on ensuring transparent and sustainable value chains. We specialize in receiving and recycling metals from various sources, including electronic waste, critical metals, and steel. By giving metals a new life, we contribute to a circular economy where resources can be reused over and over again. As part of NG Group, we set the standard for traceable and responsible recycling. With nine facilities across Norway, Sweden, and Denmark, we are well-positioned to meet market demands. See ngmetall.no for more information.