Project Traits
State: Nevada
Congressional District: NV02
Organization Type: Commercial
Partner Organization(s) Type: None or Unknown
Project Type: Manufacturing
Energy Sector: Critical Minerals
Energy Subsector: Recycling
Project Start Year: Unknown
Project Launch Year: Unknown
Outcomes & Impacts
Private Investment: Unknown
Jobs Announced or Created: 1,600
People Served: Unknown
Projected Economic Impact: Unknown
Redwood Materials employs roughly 1,600 workers across its battery recycling operations and is expected to create 3,400 good-paying construction jobs as its operations expand throughout Nevada and South Carolina.
Redwood has made over $1.1 billion in investments in the State of Nevada and plans to generate over $183 million in tax revenues over the next 20 years.
At full capacity, Redwood plans to produce 100 GWh of battery materials per year, enough to power more than one million electric vehicles. Redwood is onshoring crucial parts of the advanced energy supply chain and helping make America competitive on the global critical minerals stage.