Redwood Materials in talks to raise $700 million to support battery-recycling plant in Nevada, US

Circular Economy & Remanufacturing

If the deal happens, Redwood Materials would achieve a valuation of almost $5 billion

Leading US-based battery-material recycling company Redwood Materials is in talks to raise $700 million that would help it fund its first major plant in Nevada, US, according to a news report published by the newspaper Financial Times on July 18.

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