Redwood partners with GM joint venture Ultium to recycle battery scrap

Battery recycling company Redwood Materials will start recycling battery production scrap from General Motors' new line of electric vehicles. This morning, Redwood announced that it is working with Ultium Cells, the joint venture between GM and LG Energy Solutions that makes Ultium battery cells. Approximately 10,000 tons a year of production scrap will be sent from the Ultium Cells plants in Ohio and Tennessee to Redwood's site in northern Nevada.

Redwood was started by former Tesla CTO JB Straubel in 2017 and in recent years has announced partnerships with multiple OEMs, including Ford, Volvo, Volkswagen, and now General Motors. Last year, the US Department of Energy approved a $2 billion loan to Redwood as part of its Advanced Technology Manufacturing program (which also funded Ultium Cells).

Redwood says that its hydrometallurgy facility is now a "commercial-scale source of lithium supply," the first to come online in the United States for decades. The facility also produces raw nickel and cobalt from battery scrap.