Toyota agrees to source cathode active material and anode copper foil from Redwood

Redwood Materials/Recycling and materials campus

Toyota agreed to source cathode active material and anode copper foil from Redwood for its North Carolina battery plant, closing a loop in which Redwood recycles Toyota hybrid batteries and returns the metals. Targets for Toyota products include at least 20% recycled nickel and lithium, 50% recycled cobalt and 100% recycled copper foil.

• Toyota sources cathode active material and anode copper foil from Redwood for its North Carolina battery facility; establishes a closed-loop supply chain.
• Recycled content targets: ≥20% recycled nickel, ≥20% recycled lithium, ≥50% recycled cobalt (cathode), 100% recycled copper foil (anode).
• Redwood recycles end-of-life Toyota hybrid and EV batteries, recovering metals for reuse in new Toyota vehicle batteries.