Renewable Metals recycling plant to be built in the UK

The largest end-of-life vehicle recycler in the UK, EMR has acquired ‘a significant stake’ in Australian recycling company Renewable Metals in a multi-million dollar deal which will see a novel demonstration-scale battery shredding and critical minerals refining plant built in the UK. Renewable Metals has developed a highly differentiated recycling process which has fewer steps…

WA battery recycling startup raises $8 million

Renewable Metals, a recycling technology startup, has closed an $8 million capital raise led by venture capital firm Investible and the Clean Energy Finance Corporation to scale and commercialise its lithium-ion battery recycling method. According to a statement from the CEFC – which invested via Virescent Ventures – the round will support development of a…