Renewable Metals gets $8m to upscale battery recycling tech

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In 50 Words: Renewable Metals gets $8m to upscale battery recycling tech

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In 50 Words: Renewable Metals gets $8m to upscale battery recycling tech

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Australia-based Renewable Metals has secured US$8 million in seed funding to upscale its lithium-ion battery recycling tech. It also aims to construct a pilot recycling plant and expand its team.

A report noted that Australia’s lithium-ion battery recycling industry could yield up to US$3.1 billion in lost value.

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