Battery Recycling

“It's typically pretty, pretty difficult to justify the cost of grading these cells and estimating their second life. We do a fair bit of that in my lab, and I have to say to date, I think that, that it's probably not a bankable effort yet. I'm not sure that ev…”

“I think the brutal truth is, is that it's a cost center, and that inputs, recycled inputs, are ultimately a tolling operation unless Redwood can pull off owning the supply. Because if Redwood can pull off owning the supply, then it owns the mine of the future,…”

“Long story short, graphite recycling is in its infancy, and it's pretty difficult to justify from a purity and homogeneity basis, and, you know, frankly, there, there's plenty of graphite in the ground, so, so it's hard to justify from an economic basis recycl…”

“So, in terms of their unit economics, it doesn't make any sense For a mining company to involve itself in recycling in a big way in twenty-twenty-four, both because all of the recycling material coming in, or most of it is, is scrap, and, ah, what's not scrap …”

“When you produce many multiples more waste and pollution than the valuable materials that are recovered, is it really even recycling is the way we look at it.”

“So you set up recycling. I think it is such a stable business. It's two fifty million vehicles going to go to three fifty million vehicles and annually out of that three, thirty million is going to come back. And 1015 years later, a very large chunk of that wi…”

“I mean, I think the short answer is that you, there is not enough supply of recyclable batteries today to make up for the majority or even close to the majority of the need for critical minerals.”

“I think now you have a really clear economic, national security, and environmental case for battery recycling. So there's a lot of activity right now, and it's pretty compelling, and the market forces Are definitely in favor of this push for more battery recyc…”

“The U.S. Does not have a very robust supply chain for batteries domestically, but to the extent that we can recycle the batteries that we are using, that creates a secure domestic stream that can then be used to build batteries in the future.”

“We can achieve 90, 98, 99% recycling rates on these, on, on these batteries, and over time, we'll get to the point where we do not have to mine them which is really, really exciting. But that will take more than a generation, unfortunately. We need a lot more …”