Lithium batteries play a vital role in the transition from fossil fuels to a clean energy future – but what happens when they reach the end of their life? Renewable Metals’ unique alkali recycling process recovers critical minerals from old batteries so they can be used again and again. Our process recovers almost all the lithium, nickel, cobalt, copper and manganese in batteries, with fewer steps and lower costs, without creating another waste problem (like disposing of sodium sulfate). Big picture? It’s about finding practical, impactful, sustainable ways to accelerate decarbonisation and protect our planet. Recycling is the lowest-carbon source of critical minerals. A new perspective on a worldwide problem Renewable Metals was founded by a team of expert West Australian metallurgists who’ve spent decades extracting battery metals from mining ore bodies and concentrates around the world. As a major producer of lithium, nickel and other metals, Australia boasts some world-leading metal extraction experts. Unlike the rest of the world, the country has a long history of alkali-based metallurgy for refining nickel and cobalt. That collective knowledge put us in a unique position to invent a world-first, alkali-based recycling process. As our concept comes to life, we’re working with businesses throughout the global lithium battery supply chain. Want to get involved? Get in touch.
Employees: 1-10
Total raised: $8M
Founded date: 2020
Investors 2
Date | Name | Website |
27.10.2023 | Virescent ... | virescent.... |
30.04.2023 | EnergyLab | energylab.... |
Funding Rounds 1
Date | Series | Amount | Investors |
05.10.2023 | Seed | $8M | - |
Mentions in press and media 6
Date | Title | Description | Source |
29.01.2024 | CEFC-backed Virescent Ventures entrenches position as Austra... | SYDNEY, Jan. 29, 2024 /PRNewswire/ -- Australia's pioneer climate tech VC Virescent Ventures today c... | en.prnasia... |
06.10.2023 | Deals in brief: Alami Group secures growth funds, CMCC Globa... | The technology landscape is undergoing an unprecedented transformation amidst the meteoric rise of a... | kr-asia.co... |
05.10.2023 | CEFC, Virescent Ventures, Investible, and Grantham Foundatio... | SYDNEY, Oct. 5, 2023 /PRNewswire/ -- Australian battery recycling startup, Renewable Metals, has rec... | en.prnasia... |
05.10.2023 | Deals in brief: Investree to secure Series D funding, JBIC p... | Investree to secure up to USD 230.8 million in Series D funding through joint venture in Doha The In... | kr-asia.co... |
05.10.2023 | Renewable Metals close $8m Seed round to scale groundbreakin... | Australian battery recycling startup Renewable Metals has closed an $8 million investment round to s... | virescent.... |
14.05.2023 | Renewable Metals wins ‘Supercharge Challenge’ | Renewable Metals CEO Luan Atkinson (centre) with the Supercharged Award. Photo supplied. Perth-based... | startupnew... |