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Battery Recycling Company Renewable Metals Secures $8.6 Million

The funding will be used to support the company’s transition toward commercial-scale deployment

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Renewable Metals, an Australia-based lithium-ion battery recycling company, has secured AU$12 million (~$8.6 million) in an oversubscribed Series A funding round. The funding increased from an initial AU$8 million (~$5.7 million) target, bringing the company’s total funding to over AU$38 million (~$27 million) since inception.

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