The Redwood Approach
Redwood describes their business as combining “recycling, refining and remanufacturing to produce and return battery materials to US battery cell manufacturers.” Their goal is to convert the current global battery logistics mess into a vertically-integrated process within the US. Redwood is completing an aggressive year of construction in Nevada and will break ground on a new campus in Charleston, SC later this year. Thus begins what is likely to be five years of investments aimed at a more efficient, localized approach to battery production.
The Redwood approach is yielding results. They are currently recycling and refining lithium-ion batteries. Additionally, in December, the company began producing and selling anode copper foil to customers including Panasonic. And Redwood recently started up their first pilot cathode active material facility.