Renewable Metals utilizes a unique alkali recycling process to recover critical minerals such as lithium, nickel, cobalt, copper, and manganese from end-of-life lithium batteries, achieving high recovery rates with lower operational costs. This process eliminates the generation of toxic by-products like sodium sulfate, addressing the environmental impact of battery waste while promoting a circular economy for battery materials.
Funding
$5.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The increasing demand for lithium-ion batteries in electric vehicles and energy storage systems is creating a growing volume of end-of-life batteries. Traditional battery recycling methods often involve energy-intensive processes and generate hazardous byproducts, posing environmental and economic challenges.
Solution
Renewable Metals offers an alkali-based recycling process for recovering critical minerals from end-of-life lithium-ion batteries. Their technology recovers a high percentage of lithium, nickel, cobalt, copper, and manganese without the need for pre-processing to black mass. The alkali process avoids the production of sodium sulfate and other chemically precipitated by-products, while operating at lower temperatures than traditional methods. This approach provides a cost-effective and sustainable solution for battery recycling, promoting a circular economy for battery materials.
Target Audience
Renewable Metals targets businesses in the global lithium-ion battery supply chain, including battery manufacturers, electric vehicle companies, and recycling facilities.
Features
- High recovery rates for lithium, nickel, cobalt, copper, and manganese from end-of-life batteries
- Alkali-based process eliminates the generation of sodium sulfate and other hazardous byproducts
- Lower capital and operating costs compared to traditional recycling methods
- Effective for all major lithium-ion battery chemistries, including lithium iron phosphate (LFP)
- Low-temperature processing reduces energy consumption