[OKRA] Lithium-Ion Battery Recycling Plant Just opened in Oklahoma!

[Ellen Bussert]

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*This is good news!  *


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*Green Li-ion Marks the Opening of its First Commercial-Scale Lithium-Ion
Battery Recycling Plant in Oklahoma*

*The Atoka plant advances Green Li-ion’s mission to close the loop for
sustainable battery production in the U.S. while boosting the local economy
and driving the resurgence of the nation’s manufacturing sector.*
June 18, 2024 10:15 AM Eastern Daylight Time

ATOKA, Okla.--(BUSINESS WIRE <https://www.businesswire.com/>)--Green Li-ion
<https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.greenli-ion.com&esheet=54068512&newsitemid=20240618645137&lan=en-US&anchor=Green+Li-ion&index=1&md5=7da6416ea327cd283fdcdc616192d740>,
a lithium-ion battery recycling technology company, today celebrated the
grand opening of its first commercial-scale installation in Atoka, Oklahoma
<https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.businesswire.com%2Fnews%2Fhome%2F20240411019823%2Fen%2FGreen-Li-ion-Launches-North-America%25E2%2580%2599s-First-Commercial-Scale-Plant-to-Produce-Recycled-Lithium-Ion-Engineered-Battery-Materials&esheet=54068512&newsitemid=20240618645137&lan=en-US&anchor=commercial-scale+installation+in+Atoka%2C+Oklahoma&index=2&md5=cabeca20b814ff4391fd9c0b4d749d9b>.
As North America’s first commercial-scale plant producing pCAM directly
from black mass from recycled Li-ion batteries, this event marks a
significant milestone for the company and the future of electrification in
the U.S.

“Opening our Atoka plant marks a turning point for sustainable battery
manufacturing in the U.S.”
Post this
<https://www.businesswire.com/news/home/20240618645137/en/Green-Li-ion-Marks-the-Opening-of-its-First-Commercial-Scale-Lithium-Ion-Battery-Recycling-Plant-in-Oklahoma#>

The fully operational battery recycling plant is now processing unsorted
battery waste or “black mass” from used lithium-ion batteries into valuable
battery-grade materials. Green Li-ion’s technology eliminates the need to
ship black mass overseas, creating a more sustainable and secure domestic
supply chain for critical battery minerals and giving North American
manufacturers greater control over them.

Located in Atoka Heavy Industrial Park, Green Li-ion’s plant provides a
scalable solution for the growing battery market while bringing numerous
benefits to the local community and the entire state of Oklahoma. The
company’s use of local suppliers and vendors, alongside collaboration with
the Technology Center, has benefited Atoka's private sector and job market.

“Opening our Atoka plant marks a turning point for sustainable battery
manufacturing in the U.S.,” said Leon Farrant, CEO and Co-Founder of Green
Li-ion. “A domestic source for recycled battery materials strengthens the
supply chain, fosters economic growth, and creates new opportunities in
Atoka and across the country."

Green Li-ion's patented GREEN HYDROREJUVENATIONTM technology converts
recycling scrap directly into battery-grade precursor cathode active
material (pCAM) entirely in-house. The Atoka facility is the first on the
continent to process unsorted black mass from various Li-ion chemistries
into 99% pure pCAM at commercial scale. This on-shoring approach benefits
manufacturers and recyclers by reducing costs and emissions, aligning with
the Inflation Reduction Act's incentives for domestic battery production
and recycled materials. Green Li-ion’s process dramatically reduces
environmental impact, emitting up to 90 percent fewer GHG emissions as
compared to traditional battery recycling methods.

“Oklahoma is at the forefront of the critical mineral revolution, thanks to
great companies like Green Li-ion,” said Governor Kevin Stitt. “We have an
amazing energy advantage in our state, and we’re using it to our advantage
to secure the critical mineral supply chain and cement these technologies
in the United States for generations to come. I’m proud to welcome Green
Li-ion to Oklahoma and look forward to seeing their impact on the
community.”

“We’re excited to welcome Green Li-ion to rural Oklahoma. This new
state-of-the-art plant further establishes Oklahoma as a leader in
innovation and domestic supply chain independence,” said Tina Lindsay,
interim Director of Business Development for the Oklahoma Department of
Commerce. “We look forward to their future success and growth.”

*About Green Li-ion*

Green Li-ion is a lithium-ion battery recycling technology provider
producing modular hardware solutions that convert spent batteries into
battery-grade cathode and anode material. Based in the United States,
Singapore, Korea, Germany, and Australia, Green Li-ion is building
domestic, circular supply chains for critical minerals in North America and
elsewhere, allowing manufacturers to add on-site battery recycling
capabilities. With global battery material supply chains under pressure,
Green Li-ion allows its partners to extract these valuable commodities in a
reliable, cost-effective, and environmentally sound way. Green Li-ion has
secured funding from major international investors, including Equinor
Ventures, SOSV, EDP, Banpu NEXT, TES, Energy Revolution Ventures, TRIREC,
and Petronas.

For more information, visit https://www.greenli-ion.com/
<https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.greenli-ion.com%2F&esheet=54068512&newsitemid=20240618645137&lan=en-US&anchor=https%3A%2F%2Fwww.greenli-ion.com%2F&index=3&md5=c3d5b318b96e8b23aefb00d465cac452>
.
Contacts

Matt Matyjek greenli-ion at redwoodclimatecomms.com
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