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U.S. Battery Recycling and Materials Company Redwood Materials Raises $1 Billion

U.S. Battery Recycling and Materials Company Redwood Materials Raises $1 Billion

August 31, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Battery recycling and materials firm Redwood Materials Incorporated (Carson City, Nevada) said Tuesday it has raised more than $1 billion in funding to expand its operations in the U.S. Industrial Info is tracking three projects from Redwood Materials worth $5.5 billion, including an electric vehicle (EV) battery recycling and material production campus in South Carolina and an expansion project in Nevada.

Other companies featured: Panasonic Holdings Corporation (Osaka, Japan), Tesla Incorporated (NASDAQ:TSLA) (Austin, Texas)