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Partnerships
Redwood Materials partners with Ultium Cells to recycle and remanufacture battery production scrap
Waste Recovery & Management Tech
May 23, 2024
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Waste Recovery & Management Tech

Waste Recovery & Management Tech

May 23, 2024

Redwood Materials partners with Ultium Cells to recycle and remanufacture battery production scrap

Partnerships

  • Redwood Materials, a Nevada-based e-waste recycling startup, has partnered with Ultium Cells LLC, a joint venture between General Motors and LG Energy Solution, to recycle production scrap from battery manufacturing into crucial battery materials.

  • The materials used by Ultium's battery production facilities in Ohio and Tennessee, including cathode, anode, and cell scrap, will be collected and recycled by Redwood. This agreement allows Redwood to repurpose a significant quantity of manufacturing scrap, estimated at 10,000 tons per year, into essential battery components.

  • Analyst QuickTake: The latest partnership sees Redwood securing recycling contracts with most North American cell manufacturers. In September 2023 , the company acquired Redux Recycling to accelerate Redwood’s European expansion.

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