Bloomberg Green: Startup Battery Resourcers Plans Georgia Recycling Plant as Demand Surges

Startup Battery Resourcers plans to open a recycling plant for lithium-ion batteries in Georgia this year, as automakers shifting to electric cars drive up demand for the energy-storage devices.

Battery Resourcers will invest $43 million in the facility and expects it to be fully operational in August, the Worcester, Massachusetts, company said in a statement Wednesday. The plant — located in Covington, east of Atlanta — will produce lithium, cobalt and nickel for use in new batteries.

Read the full article at Bloomberg Green.