Renewable Metals, founded in 2020, is at the forefront of sustainable solutions in the Sustainability, Clean Energy, and Energy Storage industries. Their slogan, “Recycling lithium-ion batteries for a sustainable source of critical metals,” encapsulates their mission to address the environmental challenges posed by the disposal of lithium-ion batteries.
The company’s innovative alkali recycling process effectively recovers nearly all critical minerals from spent batteries, including lithium, nickel, cobalt, copper, and manganese. This method involves fewer steps, incurs lower costs, and prevents the creation of additional waste such as sodium sulfate, making it a compelling, sustainable solution for accelerating decarbonization globally.
Renewable Metals recently secured an $8.00M Seed Round investment on 04 October 2023, attracting notable investors like Investible, the Clean Energy Innovation Fund, Virescent Ventures, and the Grantham Foundation. This funding will bolster their efforts to collaborate with global lithium battery supply chain businesses, leveraging Australia’s leading expertise in metal extraction and alkali-based metallurgy.
