Monday, June 17, 2024

Redwood inks recycling partnership with GM’s Ultium Cells


Redwood Partners has announced a new partnership with Ultium Cells under which Redwood will recycle production scrap from two Ultium facilities.

Ultium Cells is a joint venture between GM and LG Energy Solutions that manufactures battery cells. The deal calls for Redwood to recycle production scrap from Ultium Cells manufacturing facilities in Warren, Ohio, and Spring Hill, Tennessee.

The agreement covers the recycling of cathode and anode material as well as cell scrap. Redwood remanufactures the scrap into battery components used in cell manufacturing.

Ultium Cells’ two 2.8-million-square-foot plants are each designed to produce over 80 GWh of battery cells per year. Redwood will receive the vast majority of the manufacturing scrap from these facilities.

“With this latest collaboration, Redwood now has contracts with most of North America’s battery cell manufacturers,” the company said.

Source: Redwood Partners



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