I just became aware of the following news:
Redwood acquires German battery recycler Redux Recycling.
I see that as very positive news.
They (Redwood, LiCycle etc.) wouldn’t expand their business if they wouldn’t expect nice revenues. And I also think that Glencore wouldn’t invest in LiCycle if they think that LiCycle wouldn’t earn money in the future.
Redwood expands in Europe, acquiring leading EU battery recycler, Redux Recycling GmbH
https://www.redwoodmaterials.com/news/redwood-europe/
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