Retriev Technologies Completes First Shipment of Battery Materials Under New Circular Business Strategic Partnership with Marubeni Corporation

LANCASTER, Ohio–(BUSINESS WIRE)–Retriev Technologies, a global leader in battery recycling and management, is pleased to announce their first volume shipment of recovered battery materials to Marubeni Corporation under the umbrella of their newly formed Strategic Partnership. In February 2021, Marubeni Corporation (Marubeni) and Retriev Technologies Inc. (Retriev) announced a Strategic Partnership for developing an innovative business model for end-of-life Lithium-ion batteries. (EOL Lib). With this breakthrough recycling program, Retriev and Marubeni are working together to take valuable metals recovered from EOL Lib to expand the circular business model for EV battery-to-battery closed loop recycling in the battery industry.

Retriev V.P. Todd Coy said of this program, “We are very pleased to see this strategic international endeavor now underway and to be involved in the creation of a sustainable circular economy for the reuse of…

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