Innovation Fund Project

Accelerating Europe’s transition towards a climate-neutral industry

Through advanced urban mining and strategic metals recovery — supported by the European Union Innovation Fund.

EU Innovation Fund supported Zawiercie, Poland

About the Project

Supported by the European Union

POLVOLT has received support from the European Union Innovation Fund, one of the world’s largest funding programmes dedicated to innovative low-carbon technologies.

The project contributes to the European Union’s climate objectives by significantly reducing greenhouse gas emissions while strengthening Europe’s supply of critical raw materials.

Project Summary

A leading facility for critical raw materials

POLVOLT aims to become one of Europe’s leading innovation facilities dedicated to the recycling and production of critical raw materials.

The project integrates advanced pyrometallurgical and hydrometallurgical technologies to recover and refine precious metals, base metals and battery metals from recycled battery black mass and electronic waste.

Compared with conventional production routes, POLVOLT is expected to reduce greenhouse gas emissions by approximately 86%, while avoiding around 4.5 million tonnes of CO₂ equivalent emissions during its first ten years of operation.

The facility will utilize renewable energy and advanced monitoring systems to maximize resource efficiency, energy performance and environmental sustainability.

Project Objectives

Five goals guiding the project

Accelerate Decarbonisation

Reduce greenhouse gas emissions associated with conventional metal production.

Strengthen European Supply Chains

Increase access to strategically important raw materials recovered within Europe.

Advance Circular Economy

Return valuable resources from waste streams back into industrial production.

Support Innovation

Deploy advanced recycling and refining technologies at industrial scale.

Create Regional Value

Generate skilled employment and support long-term economic development.

Expected Results

Measurable outcomes across three dimensions

Environmental Impact

  • 86% lower relative greenhouse gas emissions
  • 4.5M tonnes CO₂eq avoided within the first 10 years
  • Significant reduction in demand for primary raw material extraction

Industrial Impact

  • Strengthened European supply chains
  • Increased availability of critical battery metals
  • Greater strategic autonomy for the European Union

Socioeconomic Impact

  • 250+ direct jobs
  • Additional indirect employment opportunities
  • Cooperation with universities and research institutions
  • Regional development in Silesia, Poland

Project Timeline

From vision to operation

2025

Project initiation

Initiation of project activities, planning and development work.

Kick-off
2026–2028

Engineering and permitting

Detailed engineering, environmental permitting and preparation for construction activities.

2028–2031

Construction and installation

Construction of key industrial infrastructure and installation of major equipment.

2030

Copper Smelter & Refinery operational

Milestone
2031

Renewable Energy Supply System operational

Milestone
2032

Black Mass Processing Facility operational

Full operations

Project Participants

Consortium behind POLVOLT

Coordinator

Elemental Battery Metals Sp. z o.o.

PIC
872 317 121
Address
Romualda Traugutta 42A
05-825 Grodzisk Mazowiecki
Poland
Participant

Elemental Holding S.A.

PIC
867 729 409
Address
20 Rue Eugène Ruppert
2453 Luxembourg
Luxembourg

Project Visualisation

POLVOLT facility in Zawiercie

Render · Stage 2 & 3 Architectural render of the POLVOLT facility in Zawiercie, Poland — stages 2 and 3

Innovation Fund

Supported by the European Union

POLVOLT is co-financed by the European Union Innovation Fund — one of the world’s largest funding programmes for innovative low-carbon technologies.