Battery Recycling
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Redwood attracts Google for its $425M Series E as AI power needs rise
Yahoo Finance· 2026-01-28 14:00
Google is the latest investor to back Redwood Materials as the battery recycling and cathode production startup scales a new energy storage venture to power AI data centers and other industrial sites. Redwood Materials, founded by former Tesla CTO JB Straubel, last October raised $350 million in a Series E round led by venture firm Eclipse. The round included a new strategic investment by Nvidia’s venture capital arm, NVentures. More investors, including newcomer Google, have piled in since, pushing t ...
Honda and Princeton NuEnergy Sign MOU to Advance Collaboration in Next-Generation Battery Recycling Technologies
Prnewswire· 2026-01-05 13:00
PRINCETON, N.J., Jan. 5, 2026 /PRNewswire/ -- Honda Motor Co., Ltd. ("Honda") and Princeton NuEnergy Inc. ("PNE") today announced the signing of a memorandum of understanding (MOU) to advance discussion on collaboration around next-generation lithium-ion battery recycling technologies. The agreement reflects the companies' shared intention to strengthen the circular battery materials supply chain and U.S energy independence through innovative recycling and rejuvenation pathways. PNE's continued growth, comb ...
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
Montréal – TheNewswire - December 4, 2025 – St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1) is providing a corporate update from its wholly-owned battery processing subsidiary, EVSX Corp., with facilities located in Thorold, Ontario.“The start of full-scale operations has been cautious and measured, with our primary goal being the development of reliable, profitable, and scalable operations that de-risk the business and create long-term shareholder value. Given tight operating margins acro ...
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].
Battery X Metals Announces New Strategic Partnership with Global Top 20 University Building on Preliminary Advancements in Critical Battery Material Recovery and Supporting Future Pilot-Scale Development of Proprietary Battery-Material Recycling Technology
Accessnewswire· 2025-11-26 01:00
Core Insights - Battery X Recycling Technologies Inc. has entered into a Collaborative Research Agreement with a Global Top 20 University to enhance its proprietary froth-flotation process for recovering high-purity graphite, oxides, and phosphates from end-of-life lithium-ion batteries [1] Company Developments - The collaboration aims to build on previous laboratory successes, where the Global Top 20 University identified a new solvent that, when used with a two-stage re-flotation process, significantly improved material separation efficiency [1] - The new process achieved graphite recoveries exceeding 98% and oxide purities up to 96% under mild and environmentally responsible conditions [1]
X @Bloomberg
Bloomberg· 2025-11-25 18:32
RT Michelle Ma (@HiMichelleMa)Tesla co-founder JB Straubel's battery recycling firm Redwood Materials laid off dozens of staff, as the company shifts its focus to energy storage and critical minerals. This comes a month after Redwood raised $350 mn for an over $6 bn valuation.https://t.co/KZgQHeE6E7 ...