Redwood Materials Acquires European Battery Recycler Redux Recycling GmbH

Redwood Materials has acquired Redux Recycling GmbH, a leading European lithium-ion battery recycler. This acquisition will provide Redwood with a well-established EU presence to quickly expand operations, increase capacity for battery recycling, and work closely with already-established suppliers across Europe. 

Redux's facility, located in Bremerhaven, on Germany’s North Sea coast, is equipped for 10,000 tonnes of annual processing capacity to recycle many form factors and lithium-ion battery chemistries.  

It is equipped to recycle electric vehicle and E-bike batteries, stationary storage systems and consumer devices like cell phones, laptops, and power drills. 

Redux's proprietary technology enables it to extract valuable materials from batteries, including cobalt, lithium, nickel, and manganese with a recovery rate greater than 95 percent.

Redwood is localising a global battery supply chain and producing anode and cathode components in the US for the first time – from as many recycled batteries as possible.

In a press release Redrood states: 'As part of this acquisition, we also welcome a team of about 70 experienced technical staff including chemical engineers, metallurgists, and material scientists to join our existing team in Europe. Their expertise in mechanical separation allows us to recover high-purity metal concentrate, a critical input for battery materials production. Redwood’s technology includes advanced material recovery processes, such as hydrometallurgy, which complement Redux's pre-treatment and mechanical separation capabilities'.

Redwood is headquartered in Northern Nevada.