Startup Battery Resourcers Plans Georgia Recycling Plant as Demand Surges
- Battery Resourcers to invest $43 million in Covington facility
- Plant will yield lithium, cobalt and nickel for more batteries
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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.