Redwood Materials collaborates with Caterpillar to recycle lithium-ion batteries used in CAT's electric mining equipment. The partnership focuses on creating a closed-loop system that maximizes resource recovery. Caterpillar's R1700 XE electric loader significantly reduces underground emissions, enhancing air quality and lowering ventilation costs. Used battery materials, including lithium and cobalt, will be extracted and refined by Redwood for reuse, minimizing the need for new mining. This innovative approach integrates mining with recycling, promoting sustainability in the industry's operations.
Heavy industry meets battery recycling as Redwood Materials strikes a deal with Caterpillar to recycle the lithium-ion batteries powering CAT's electric mining equipment.
The partnership aims to create a sustainable, closed-loop system for battery materials, reducing reliance on freshly mined resources.
Redwood ensures that high-value materials, including lithium, cobalt, and nickel, are extracted, refined, and ready for reuse, keeping valuable metals in circulation.
Redwood usually does grave to cradle. We bring end-of-life materials from batteries and bring them back to life again.
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