January 5, 2023: Redwood Supplies plans to interrupt floor for a cathode element processing advanced within the US state of South Carolina within the first quarter of this yr as a part of a $3.5 billion funding within the area, the corporate introduced on December 14.
Redwood stated the ‘battery supplies campus’ (see picture) outdoors Charleston will recycle, refine and manufacture anode and cathode parts on a web site spanning greater than 600 acres. Preliminary operations are anticipated to start by the tip of this yr.
The campus will ultimately produce 100GWh of cathode and anode parts a yr, which Redwood says is sufficient to energy multiple million EVs. Manufacturing capability could possibly be expanded to “doubtlessly a number of hundred GWh per yr”, the Nevada-based recycler stated.
The location will likely be a part of a brand new manufacturing hall from Michigan to Georgia, often known as America’s ‘battery belt’, the place lots of of gigawatt-hours of battery cell manufacturing capability annually are set to be constructed and can start working between now and 2030.
Redwood stated the transfer is important as a result of the anode and cathode parts should not but made in North America and battery cell producers should supply them from a worldwide provide chain of greater than 50,000 miles.
“In consequence, US battery producers will spend greater than $150 billion abroad on these parts by 2030,” the corporate stated.
Charleston will likely be much like Redwood’s operations in Nevada in that the positioning will likely be 100% electrical and won’t use fossil fuels, Redwood claimed.
The Charleston challenge follows Redwood’s announcement on November 15 that it’ll present recycled supplies to be used in Panasonic Power’s EV lithium ion batteries.
Recycled copper foil will likely be utilized in batteries made by Panasonic Power at its North American plant in Nevada beginning in 2024. Recycled cathode energetic supplies will likely be utilized in batteries made at Panasonic’s new facility in Kansas beginning in 2025.
