Ann: Lynas Rare Earths Awarded $14.8M Australian Government Grant, page-53

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Curlyjoh

1,723 Posts.

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23/07/21

13:20

Post #: 54721589
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Originally posted by jayszip ↑

To GT350

You are quite right. I had heard about Redwood and think the business model is really intetesting. So much so, I became an Angle Investor of the company. My US$10K wont make or break them, but they have the technology right.

However, the main draw back is that they are years away from scale because the material they recycle mostly comes from old cell phones, tablets, and very small comsumer goods. Imagine the cost of recycling the interior of a AA battery, or the inners of a smart phone. It will only be when the large batteries from Telsa vehicles (for example) need to be changed out that Redwood can scale in any meaningful way. The labor to get the lithium from a consumer battery is staggering high. they will really develop when they can recycle a 500-1000 lb. EV battery, which will begin in a few years as EV car batteries need replacing.

It is the main reason the company has NOT offered an IPO.

Good post. And good luck to you!

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From the reports I'm seeing an EV will be long dead before its battery degrades to 80% where upon the battery can live on as stationary storage for many years until it needs recycling.

There is so much good tech around which doesn't require lithium. The Reno Nevada sodium battery should be coming online soon and that wont need changing for generations.

LYC Price at posting: $6.42 Sentiment: None Disclosure: Held
5 Upvote

0 Great analysis

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