In order to reduce this dependence, the startup R3 Lithium in Georgia has taken over an insolvent recycling plant and now wants to prove that battery-grade lithium carbonate can be produced on an industrial scale even without new mining. In July 2026, the young company had already taken over the 14,300 square meter recycling plant in Covington, which had previously belonged to the battery recycler Ascend Elements, which had to declare bankruptcy…
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In order to reduce this dependence, the startup R3 Lithium in Georgia has taken over an insolvent recycling plant and now wants to prove that battery-grade lithium carbonate can be produced on an industrial scale even without new mining. In July 2026, the young company had already taken over the 14,300 square meter recycling plant in Covington, which had previously belonged to the battery recycler Ascend Elements, which had to declare bankruptcy…