Zero Carbon is a circular economy innovator with specific focus on recycling technologies, particularly for end-of-life management of batteries. The company was founded on May 26, 2021, and has secured land, buildings, and plant equipment to operate a 50,000 sq ft battery recycling plant in La Mancha, Spain. Zero Carbon expects to commission the plant by the end of the 2nd quarter of 2024, with further expansion in 2025.
CREATING IMPACT
The use of batteries in electric vehicles is vital for a sustainable transportation system and achieving long-term climate goals. With the increasing demand for electric vehicles, there is also a growing need for EV batteries. As these batteries reach the end of their life, the recycling sector presents significant growth opportunities. Zero Carbon has developed patented and proprietary low-CO2 battery recycling solutions that enable over 80% of the battery and 95% of valuable metals to be recycled.
OUR MISSION
To Revolutionize Recycling
Connect a web of industries where one stream’s waste is another stream’s in-feed by bridging linear and wasteful processes to create a circular, pollution-free, zero-waste future.
CREATING A CIRCULAR, EMISSION-FREE AND ZERO WASTE FUTURE
THE PROBLEM
Global demand for EV batteries is increasing
EVs may be more than 60% of all vehicles with over 300 million electric vehicles on the world’s roads by 2030.
International Energy Agency
Growth of Mining & Production
The entire lithium-ion (Li-ion) battery chain, from mining through recycling, could grow by over 30 percent annually from 2022 to 2030.
American Chemical Society
Carbon Emissions from Mining
In hard rock mining, for every ton of mined lithium, 15 tons of CO2are emitted into the air.
MIT Climate Portal
Waste -
Only 5% of lithium-ion batteries are recycled
Only 5% of lithium-ion batteries are recycled
There are dramatic environmental and financial implications for the projected 8 million tons of waste.
CAS Science Team
NECESSITY FOR A CIRCULAR ECONOMY
Governments and the EU are mandating a more environmentally protective position to their industrial undertakings. In order to preserve critical metals, a recycling plan includes a focus on a circular economy.
140 million
The number of electric vehicles predicted to be on the road worldwide by 2030
11 million
Metric tons of Li-ion batteries expected to reach the end of their service lives between now and 2030
30–40%
The percentage of a Li-ion battery’s weight that comes from valuable cathode material
<5%
The percentage of Li-ion batteries that are recycled currently
100%
The percentage of the lead in common lead-acid car batteries that gets recycled into new batteries
$100 Billion
Global battery recycling market revenues by 2040
Source: https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/battery-recycling-takes-the-drivers-seat
FROM BATTERY PACK TO BLACK MASS
Zero Carbon’s advanced system, can recover 95% of the materials used in an EV battery including plastics, copper, aluminum, and the “black mass,” a powder containing the various elements inside Lead & Lithium-ion batteries & nickel, manganese, cobalt. Perfected through in-house engineering and collaboration with its technology partner REGENERATE (based in Nevada, USA, and Cambridge, UK), offers swift manufacturing, installation, and commissioning, all achievable within a span of just nine months from the date of instruction.
THE BLACK MASS
RT. HON. SIR TONY BALDRY
Chairman Board of Directors
Tony is known for his long and illustrious career in public service, He has held various positions of prominence in the British government, and his influence has been felt in the realms of foreign policy, development aid, and European politics. In his role as Minister of State he managed a diverse portfolio of responsibilities, overseeing affairs related to South Asia, Africa, North America, and the West Indies. Sir Tony is a practicing barrister.. His contributions to European politics were recognized in 1975 when he was awarded the Robert Schumann Silver Medal, a prestigious honor named after one of the founding fathers of the European Union.
CHRIS FARNWORTH
CEO
Currently, besides serving as a direct /founder/ CEO on numerous C Suite listed companies. Mr. Farnworth acts as an intermediary investment banker and structure expert on complex financial transactions. As an investment banker he gets involved on early-stage companies preparing for their launch of an initial public offering (IPO) or corporate restructuring and when a corporation merges into a public trading company.
He has specific expertise on TSX, LSE, AIM and Frankfurt exchanges he also has a role as a broker or financial adviser for institutional clients, family offices and specific investors that seek access to an array of international opportunities. He is also a senior affiliate with CRJ Capital Partners (Zurich), Barros Group (Zurich, Swiss Alpine Trust.
JOHN F. ARMSTRONG
Director
John F. Armstrong III brings a legacy of experience in the insurance industry to his role as a director at Zero Carbon. He is the current President of D&P Holdings, Inc., a company in Houston, Texas, that offers programs in the warranty and insurance sector to the automotive industry.
Mr. Armstrong is responsible for heading up Zero Carbon’s warrantee program for recycled and refurbished battery services. Mr. Armstrong has an abiding interest in securing a green future and Zero Carbon is a big step in this direction.
CARLOS AVENZA
Country Manager
Country Manager for Spain ZCT and is a partner at The Barros Group, specializing in international finance for construction projects globally over the last 15 years. He has a wealth of experience in innovative financing methods and has recently focused on the economic and infrastructural development of major cities, collaborating with public officials and legislative bodies. Carlos is skilled in managing international contracts, environmental consultations, and has a broad experience in various corporate structures and with investors of diverse nationalities.
MARIO COHEN
Spain General Manager
Develops partnerships with VCs, Family Offices & investors. Assists high-tech companies to expand into the European and South American markets.
TED BEHRENS
Advisor
Ted Behrens’ appointment as an advisor to the board for assisting with battery recycling and carbon credit initiatives is a strategic move for the company. His extensive experience in the energy and environmental sectors, especially his role at Shell Energy and expertise in energy trading, carbon, and Renewable Energy Credits markets, makes him well-suited for guiding the company in these areas. Behrens’ blend of academic qualifications in Finance, Entrepreneurship, and Chemical Engineering complements his professional experience, providing a strong foundation for contributing to the company’s success in these initiatives. His involvement in steering start-ups to public success also indicates a capability to foster innovation and growth, which can be invaluable for the company’s endeavours in battery recycling and carbon management sector.
JOHN WALLACE
Advisor
John F. Wallace is Chairman and CEO of the Delaware Board of Trade, John is also the President and Managing Partner of Philadelphia Financial Services, LLC (“PFS”). His company provides consulting services to firms in the financial services industry.
For the majority of his career, John was a senior executive & officer of the Philadelphia Stock Exchange (“PHLX”). . He traded on all floors of the exchange in the capacity of a specialist/market maker on the options and equity floors, as a floor broker for equities, options, and currencies.
John is a graduate of Franklin & Marshall College in Lancaster, PA. He served for 27 years in the United States Army, the Army Reserve and the Army National Guard; he retired holding the rank of Lieutenant Colonel. John saw active duty in Grenada in 1983 with 1st Special Operations Command and Desert Storm from December 1990 to July 1991 with the Third U.S. Army. He is a graduate of the United States Army Command and General Staff College and the National Emergency Management Institute of the Federal Emergency Management Agency (FEMA).
JOHN MAHONEY
Advisor
John Mahoney is responsible for the coordination of Zero Carbon’s EV battery warranty program. He is a seasoned executive with a rich history in the insurance and warranty industry. His career spans decades, with his entrepreneurial spirit coming to the forefront in 1987 when he established CRC Creditor Resources Canada Ltd., an insurance brokerage company.
For the last decade, John has continued his consulting work for both private and public companies. His commitment to every business opportunity is evident in his decades-long record of establishing and growing successful ventures in the insurance industry.