Catching up with Redwood.
First up, geographic expansion. From Recycling International, December 25:
US-German connection to recover over 95% of battery metals
US firm Redwood Materials has acquired German battery recycler Redux Recycling as part of its European growth strategy.
Redux’s facility in Bremerhaven handles around 10 000 tonnes of lithium-ion batteries per year and its location at the port, one of the largest and most important import harbours for vehicles, is a major advantage. Redwood will be gaining easy access to electric vehicle packs and batteries from across the continent....
Taking it to Umicore, Veolia, and the rest of the European players.
Next up, from Charleston SC's Post and Courier, January 23:
SC battery-recycling plant owner breaks ground on $3.5B Lowcountry project
Redwood Materials broke ground Jan. 23 on its $3.5 billion battery recycling site in Berkeley County with the aim of starting to reclaim materials needed to power electric vehicles before the end of the year.
The Carson City, Nev.-based company plans to eventually hire 1,500 workers at its Ridgeville campus to extract minerals needed to make new EV power packs from old batteries that have outlived their usefulness in a range of consumer products....
And finally, the headline story, also January 23, from Teslarati:
In a post on X, Redwood Materials informed people that cathode material accounts for over 50% of a battery cell’s costs. The company highlighted that most cathode production facilities are located outside North America, and Redwood Materials aims to change that.
“We’re building a huge (Airbus A380 for scale) cathode plant with more than 1 million EVs/year of capacity at our Nevada Campus. We’re reducing both the construction cost and the build time through ambitious and detailed engineering, focusing on innovative practices in the plant’s very design and development,” announced Redwood Materials.
The battery recycling company is determined to strengthen supply chains in North America and reduce its reliance on battery components from foreign nations. Redwood Materials’ goals perfectly align with the Biden Administration’s goals....
....MUCH MORE
If interested see also:
"Here Come the Unicorns of Clean Energy"
It's Redwood that we are interested in. The other three, Climeworks, Solugen and Sila Nanotechnologies may or may not make it but Redwood seems to be a possible fortune builder.
Tech/Manufacturing/Business: "J.B. Straubel talks Tesla, Redwood Materials and keeping a startup mentality at any scale"
And un-manufacturing in the case of Redwood's battery recycling super-mega-giga-plant:
Battery Recycler Redwood Materials Will Have 5 Million Square Feet Under Roof At Its Nevada CampusThat's 115 acres (46.5 hectares) under roof.
