Tozero also reclaims graphite from the black mass waste streams. The startup says its focus on these two critical raw materials is a “key differentiation” versus other battery recycling players.
The focus on lithium is also why the startup has customers beating a path to its door.
“Customers are just storming this place,” Fleischer said, couching market demand as “way too high” for many industrial use-cases in Europe. Tozero has lined up customers worth “over a billion of off-take that are keen to have our material,” she said.