Redwood Materials will build its next Battery Materials Campus just outside of Charleston, South Carolina. At Camp Hall in Berkeley County, Redwood will recycle, refine and manufacture anode and cathode components on more than 600 acres, creating more than 1,500 jobs and investing $3.5 billion in the local community.

Eventually, this campus will produce 100 GWh of cathode and anode components per year—enough to power more than one million EVs. The site also provides the company the opportunity to expand operations potentially to several hundred GWh annually to meet future demand.

Redwood takes in end-of-life batteries, break them down to their basic metals (such as nickel, copper, cobalt, and lithium) and then rebuilds those metals into cathode and anode products. Currently, anode and cathode components are not produced in North America, and battery cell manufacturers have to source them via a 50,000+ mile global supply chain. As a result, US battery manufacturers will spend more than $150 billion overseas on these components by 2030, Redwood says.

Redwood plans to break ground on our Carolina Campus in Q1 2023 and have the first recycling process running by the end of 2023.

To read the full story, visit https://www.greencarcongress.com/2022/12/20221218-redwood.html.
Author: Green Car Congress

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