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Aqua Metals to Participate in NAATBatt 2026 Annual Meeting in Tucson; Discuss Commercial and Technical Milestones in Domestic Battery Materials
Globenewswire· 2026-02-02 13:00
Core Insights - Aqua Metals, Inc. is participating in the NAATBatt 2026 Annual Meeting to engage with industry leaders and discuss advancements in battery recycling and supply chains [1][2][5] Company Activities - Aqua Metals will have representatives attending technical and policy sessions, and speaking on topics related to battery recycling and critical minerals supply [3] - The company plans to share updates on operational milestones and strategic partnerships during the conference [4] Industry Context - The NAATBatt Annual Meeting serves as a platform for collaboration among manufacturers, suppliers, recyclers, and policymakers in the battery and energy storage sectors [2] - Discussions will focus on market trends, technology development, and the future of advanced battery supply chains [2]
X @Tesla Owners Silicon Valley
BREAKING: Redwood Materials secures $425M in expanded Series E funding at >$6B valuation, with Google among key backers.The battery recycling and energy storage pioneer, led by JB Straubel, is ramping up domestic critical materials recovery and grid-scale solutions to meet surging AI/data center power demand. ...
Redwood attracts Google for its $425M Series E as AI power needs rise
Yahoo Finance· 2026-01-28 14:00
Core Insights - Google has invested in Redwood Materials, a startup focused on battery recycling and cathode production, as it expands into energy storage for AI data centers and industrial sites [1][3] - Redwood Materials raised a total of $425 million in its Series E funding round, with a post-money valuation exceeding $6 billion, marking an increase of over $1 billion from its previous valuation [2] - The company has raised a total of $4.9 billion in capital to date [2] Company Overview - Redwood Materials was founded in 2017 by former Tesla CTO JB Straubel to create a circular supply chain for batteries, initially focusing on recycling scrap from battery production and consumer electronics [4] - The company processes scrap materials to extract valuable components like nickel and lithium, which are then sold to manufacturers such as Panasonic for battery production [4] Business Expansion - Redwood has diversified its operations beyond recycling, adding cathode production and launching an energy-storage business that repurposes EV batteries into micro-grids for AI data centers and large industrial sites [5] - The new energy-storage venture, Redwood Energy, was initiated in response to the increasing demand for data centers [5] Market Demand - The company emphasizes that energy storage has become essential infrastructure due to surging electricity demand driven by AI, data centers, and electrification [6] - Redwood claims to recover over 70% of used or discarded battery packs in North America, many of which can be repurposed for energy storage [6] Future Projections - Redwood reported having over 1 gigawatt-hour of energy storage capacity in inventory and expects to receive an additional 4 gigawatt-hours soon [7] - The company aims to deploy 20 gigawatt-hours of grid-scale storage by 2028 [7]
Honda and Princeton NuEnergy Sign MOU to Advance Collaboration in Next-Generation Battery Recycling Technologies
Prnewswire· 2026-01-05 13:00
Group 1 - Honda Motor Co., Ltd. and Princeton NuEnergy Inc. signed a memorandum of understanding (MOU) to collaborate on next-generation lithium-ion battery recycling technologies, aiming to enhance the circular battery materials supply chain and U.S. energy independence [1][3] - The collaboration has been ongoing since 2022, focusing on the technical validation of PNE's plasma-based Direct Recycling and Upcycling technologies, which have produced rejuvenated NMC cathode active material with performance comparable to virgin material [2][3] - The MOU establishes a framework for a strategic partnership that includes collaborative validation projects and potential commercial-scale applications, aligning Honda's electrification strategy with PNE's mission for cost-efficient battery-grade cathode active material production [3][4] Group 2 - Dr. Chao Yan, CEO of PNE, emphasized the strong technical alignment with Honda and the commitment to advancing sustainable material production through the MOU [4] - Honda recognizes the importance of advanced recycling technologies in creating a sustainable materials ecosystem and views the MOU as a significant step towards supporting its global electrification strategy [4] - PNE's growth and collaboration with Honda position the company to develop a modern, circular, and domestic supply chain for lithium-ion battery materials, contributing to long-term industry resilience [5][6] Group 3 - PNE is noted as the most cost-effective U.S. producer of battery-grade cathode active material, utilizing a proprietary closed-loop platform that enhances domestic battery supply chains and supports U.S. energy independence [6] - Honda aims for carbon neutrality across all products and corporate activities by 2050, alongside achieving zero fatalities from traffic collisions involving its vehicles, reflecting its commitment to sustainable mobility [7]
St-Georges announces results of its 2025 annual general meeting of shareholders
Thenewswire· 2025-12-15 01:30
Core Points - St-Georges Eco-Mining Corp. held its Annual General Meeting (AGM) on December 12, 2025, with a total of 108,644,912 shares voted, representing 34.77% of the outstanding shares [1] - The voting results showed significant support for the election of directors and the appointment of auditors, with the majority of votes in favor [3][4] - The company is undergoing meaningful operational changes, particularly in the battery recycling and processing sector, and remains committed to its long-term vision despite challenges [5][6] Voting Results - A total of 91,627,802 shares (84.34%) voted in favor of the number of directors, while 17,017,110 shares (15.66%) voted against [3] - Frank Dumas received 69,540,864 votes (83.51%) in favor of his election, with 13,734,387 votes (16.49%) against [3] - The appointment of the auditor received 94,737,349 votes (87.20%) in favor, with no votes against [3] Company Operations - The company is actively engaged in the battery recycling sector, which has seen many participants exit, indicating a challenging environment [6] - St-Georges Eco-Mining Corp. is focused on developing new technologies and holds a diversified portfolio, including advanced battery processing, metallurgical R&D, and high-grade gold exploration projects [10] - Management's long-term compensation is aligned with shareholder interests, emphasizing equity ownership and value creation [7]
RecycLiCo Secures Construction Permits, Advancing Laboratory Toward Early 2026 Completion
Globenewswire· 2025-12-11 11:00
Core Insights - RecycLiCo Battery Materials Inc. has received approval for construction permit applications for a new research and process-development laboratory in Delta, British Columbia [1] - The company has completed the lab design and has initiated early construction preparations, aiming for substantial completion of the project in early 2026 [2] - The new facility will enhance the company's capabilities in critical minerals and metals resource-recovery technologies, supporting operational readiness for commercial deployment [3] Company Overview - RecycLiCo specializes in critical minerals refining, utilizing advanced hydrometallurgical technologies to process mined ore and upcycle lithium-ion battery materials [4] - The company's processes efficiently recover battery-ready lithium, cobalt, nickel, and manganese from end-of-life batteries and manufacturing scrap, aligning with the global demand for responsible supply chains [4]
RecycLiCo Reminds Shareholders to Vote in Advance of Proxy Voting Deadline for the Upcoming Annual General Meeting and Announces Independent Proxy Advisory Firm, ISS, Recommends Shareholders vote FOR
Globenewswire· 2025-12-05 11:00
Core Points - RecycLiCo Battery Materials Inc. is reminding shareholders to vote before the proxy voting deadline on December 12, 2025, for the Annual General Meeting scheduled for December 16, 2025 [1][4] - Institutional Shareholder Services Inc. has recommended that shareholders vote "FOR" all proposed director nominees at the upcoming meeting [3] - The meeting will be held in Delta, British Columbia, and will also be accessible via Zoom for those unable to attend in person, although only in-person attendees can vote [4][5] Company Overview - RecycLiCo specializes in critical minerals refining and lithium-ion battery upcycling, utilizing advanced hydrometallurgical technologies to recover lithium, cobalt, nickel, and manganese from end-of-life batteries and manufacturing scrap [6] - The company's operations align with the increasing global demand for responsible supply chains and the movement towards strengthening domestic sourcing of critical materials [6]
EVSX Provides Corporate Update
Thenewswire· 2025-12-04 13:10
Group 1 - St-Georges Eco-Mining Corp. provides an update on its battery processing subsidiary, EVSX Corp., located in Thorold, Ontario, focusing on the ramp-up of full-scale operations [1][2] - The company aims to develop reliable, profitable, and scalable operations while optimizing efficiency to reduce operating costs, particularly in a market with tight margins [2][3] - Modifications to the multi-chemistry line have resulted in a tenfold increase in throughput, enhancing profitability and scalability [6] Group 2 - EVSX operates a state-of-the-art multi-chemistry battery processing line with a capacity of 10,000 metric tons per year, recovering critical battery metals and repurposing materials back into the supply chain [7] - The plant is strategically located in Thorold, Ontario, within a major hub for battery collection and near the largest automotive cluster in North America, including major manufacturers like Ford and General Motors [8] - The company has secured a three-year battery supply contract with Call2Recycle and holds all necessary regulatory permits for processing various battery chemistries [4][7]
St-Georges Reports Improved Financial Results for the Six Months Ended September 30, 2025
Thenewswire· 2025-12-01 13:10
Core Insights - St-Georges Eco-Mining Corp. reported a net income of $56,346 for the six months ended September 30, 2025, a significant improvement from a net loss of $1,427,171 during the same period in 2024 [1] - The company's subsidiary, EVSX Corp., generated its first-ever revenue of $55,873 from battery processing operations at its facility in Thorold, Ontario [1][4] - The company has a diversified portfolio of assets and patent-pending intellectual property across several subsidiaries, including advanced battery processing, metallurgical R&D, and high-grade mineral exploration projects [3] Financial Highlights - Net income for the six months ended September 30, 2025, was $56,346 [1] - Total assets amounted to $29,498,376 [4] - Shareholders' equity stood at $22,626,732 [4] - Operating losses were reduced compared to prior periods [4] Operational Developments - EVSX's facility includes one multi-chemistry processing line and one specialized circuit, both of which operated intermittently during the reporting period [1] - St-Georges Metallurgy Corp. recorded revenues of $31,500 in October and $8,180 in November 2025 from the sale of residual materials generated by legacy R&D initiatives [4] - A new high-grade nickel-copper-PGE target zone was identified at the Manicouagan Project and disclosed in November 2025 [4]
Ecobat Completes Sale of U.K. Operations to Funds Advised by Splitstone Capital
Prnewswire· 2025-12-01 09:00
Core Insights - Ecobat has successfully completed the sale of its battery recycling and specialty lead operations in the UK to funds advised by Splitstone Capital LLP, marking a strategic shift for the company [1][2]. - The divestiture aligns with Ecobat's strategic plan to focus on North America and lithium-ion battery recycling operations, following similar divestitures in France, Italy, Germany, and Austria [2]. Company Overview - Ecobat is recognized as the world's largest recycler of batteries, providing innovative solutions for battery recycling, resource recovery, and energy storage [3]. - Splitstone Capital LLP, founded in 2024, is a private equity firm based in London that specializes in acquiring non-core divestment opportunities in the industrial and business services sectors [3]. Transaction Details - The transaction includes Ecobat's facilities located in Matlock and Welwyn Garden City [1]. - Rothschild & Co served as the financial advisor, while White & Case acted as the legal advisor for Ecobat during this transaction [2].