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Redwood Materials Inc. operates a recycling and remanufacturing system for lithium-ion battery materials, specializing in the recovery of critical metals like lithium and nickel. Founded in 2017 and headquartered in Carson City, the company has established itself as a leading player in the battery materials circular economy, addressing supply chain vulnerabilities in the rapidly expanding electric vehicle and energy storage markets. The climate tech company has achieved a $5 billion valuation, reflecting strong investor confidence in its sustainable materials recovery model. Redwood Materials continues expanding its processing capabilities to meet growing demand for recycled battery materials.
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