Former BHP CFO raises millions for metals recycling plant
4 Articles
4 Articles
With the increasing popularity of electric vehicles, an Australian startup that has secured AU$12 million in funding will build a pilot battery recycling plant in Western Australia and plans to build a commercial recycling plant in New South Wales. The company hopes to break the dominance of Chinese companies in the battery recycling sector.
Renewable Metals Raises $12 Million to Scale Battery Recycling Platform
Battery recycling startup Renewable Metals announced that it has raised $12 million in a Series A funding round, aimed at accelerating the commercial deployment of its next-generation lithium-ion battery recycling solution. Founded in 2020 by a team of expert West Australian metallurgists, Renewable Metals has developed a solution to recover critical minerals from old batteries […]
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