Battery Metals

Name

Battery Metals

Legal name

Battery Metals, Inc.

Website

https://batterymetalsinc.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Battery Recycling Services

NAICS

Materials Recovery Facilities (562920), Nonferrous Metal (except Aluminum) Smelting and Refining (331410)

SIC

Secondary Smelting & Refining Of Nonferrous Metals (3341), Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Lithium-ion Battery Recycling (Mechanical, Hydro, Direct Recycling) (EUAIAIAF)

akta.pro secondary industries

Battery Materials Refining & Re-Manufacturing Feedstocks (Li, Ni, Co, Mn, Graphite Salts) (EUAIAIAJ), Battery Recycling & Materials Recovery (Li-ion, LFP, Flow, Lead-Acid) (EUAMALAE), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA)

Keywords

• Battery recycling
• Critical mineral recovery
• Lithium-ion processing
• Mineral extraction
• Battery scrap purchasing

Headquarters

HQ city

Raleigh

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Technology or R&D, Personnel

Revenue model

1. Battery Scrap Purchasing and Mineral Recovery: The company purchases consumer batteries, OEM scrap, and end-of-life EV batteries from generators, then recovers and processes critical minerals (cobalt, manganese, lithium, nickel, copper, graphite) for resale. Revenue is generated from selling recovered materials that are IRA-compliant.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Battery Metals, Inc. purchases consumer batteries, OEM scrap, and end-of-life EV batteries and uses an advanced hydrometallurgical system to recover critical minerals (cobalt, manganese, lithium, nickel, copper, and graphite) at over 98% recovery rates. The company then sells the recovered, IRA-compliant minerals into the domestic critical mineral supply chain, operating at lower cost and with zero pollution versus traditional thermal recycling processes.

Product overview

Battery Metals, Inc. is a clean energy company focused on recovering critical minerals from lithium-ion batteries. The company operates a core recovery system that processes battery scrap materials (consumer batteries, OEM scrap, and end-of-life EV batteries) to extract six key critical minerals: cobalt, manganese, lithium, nickel, copper, and graphite. Their advanced hydrometallurgical process differentiates from traditional thermal processes by eliminating pollution, achieving over 98% mineral recovery rates, and operating at lower cost. The company is developing R2/RIOS certification for their operations and produces IRA-compliant critical minerals for the domestic supply chain.

Differentiator

Problem solved

Functional benefit

Products and services

• Battery Scrap Processing Service Direct purchasing and processing of consumer batteries, OEM scrap, and end-of-life EV batteries for enterprise battery scrap generators; recovers cobalt, manganese, lithium, nickel, copper, and graphite at over 98% efficiency.
• Critical Mineral Recovery System Advanced hydrometallurgical system for recovering critical minerals from lithium-ion batteries; produces IRA-compliant minerals (cobalt, manganese, lithium, nickel, copper, graphite) for resale into the domestic supply chain.

Quantifiable outcome

• Over 98% critical mineral recovery from lithium-ion batteries
• +2 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators9 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Redwood Materials: Founded by former Tesla CTO JB Straubel, Redwood recycles end-of-life lithium-ion batteries (including consumer electronics and EV) to recover cobalt, nickel, lithium, and copper. A direct competitor for the same OEM scrap supply.
• Li-Cycle: Pure-play lithium-ion battery recycler using a combination of 'spoke' mechanical processing and 'hub' hydrometallurgical refining. Most direct US-headquartered competitor to Battery Metals in recovering cobalt, nickel, and lithium from end-of-life Li-ion batteries.
• Cirba Solutions: US-based battery materials and recycling company with hydrometallurgical processing capabilities for lithium-ion batteries and e-scrap, competing for the same enterprise scrap generators.
• Cyclic Materials: Canada-based rare earth and battery materials recycler recovering cobalt, nickel, lithium, and copper from end-of-life batteries. Direct competitor in the North American hydromet recycling space.
• Ascend Elements: US-based battery materials company that processes end-of-life lithium-ion batteries via hydrometallurgy to produce cathode precursor materials. Direct overlap in hydromet process and Li-ion feedstock target markets.
• Element Energy: US-based battery recycling and materials company developing hydrometallurgical processes to recover cathode-grade metals from Li-ion batteries for reuse in new batteries.
• Princeton NuEnergy: US-based direct-recycling/hydromet startup focused on recovering cathode materials from spent lithium-ion batteries. Compares to Battery Metals on recycling technology stack and end market.
• Lithion Recycling: Canada-based hydrometallurgical lithium-ion battery recycler commercializing a closed-loop process to recover lithium, cobalt, nickel, and other cathode metals — closely comparable on process technology.

Broad incumbents

• Glencore (Recycling & Cathode Materials): Diversified mining and metals giant with a significant secondary smelting and refining business recovering cobalt, nickel, and copper from battery scrap. Competes indirectly via scale, capital, and downstream refining integration.

Regional players

• Heritage Battery Recycling: North American e-scrap and battery recycler with lithium-ion processing capabilities. Comparable in feedstock type and recycling services, though primarily focused on collection and downstream processing rather than hydromet refining.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Battery Metals