Implementation period: 2021-01-01 - 2022-12-31
Division: The Division of Strategic Research
“PHEIDIAS. PHEIDIAS – AN INNOVATIVE HYDROMETALLURGICAL RECYCLING SYSTEM FOR PGMs RECOVERY”
The project is financed by EIT RAW MATERIALS.
PHEIDIAS aims to bring into the market an innovative hydrometallurgical process for the recovery of Platinum Group Metals (PGMs) from Spent Vehicle Catalytic Converters (SVCCs). The competitive advantage of this technology is the increased material recovery rate, as well as significantly lower operational costs. What is more, the technology uses solvents in low concentrations, which improves waste management performance.
The project will focus on the markets of Greece, Poland, Hungary, Bulgaria, Slovakia, Slovenia, Romania, Cyprus, and Serbia, where project partners have already developed a network of SVCCs suppliers through their previous collaboration in the INNOCAT project. To that end, partners will upscale and pilot-test the proposed technology at large-scale operation conditions, bringing it from TR5 to TRL8 during the project, and commercialise it within one year after project completion (TRL9).
PHEIDIAS foresees revenues from both selling the PGMs recovered, for which demand is still increasing, as well as from selling access to the technology and know-how through licensing. To that end, the partnership will also develop a Go-To-Market strategy and establish commercial networks and collaborations in the aforementioned markets, primarily with the car maintenance and recycling industry, and further explore possibilities for EU-wide expansion.
The consortium consists of following Partners: