NEU Battery Materials: Difference between revisions

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{{Infobox Startup

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==Technology==

~~Describe the underlying science and~~ technology ~~of the startup here~~. ~~Ideally, it should provide a layman introduction of any key differentiators and~~/~~or novel or proprietary scientific breakthroughs being commercialised by the startup~~.

NEU Battery Materials uses a redox targeting electrochemical extraction to recovers lithium from black mass<ref>{{Cite web |title=Redox-targeting Electrochemical Lithium-ion Battery Recycling Technology {{!}} NEU Battery Materials |url=https://www.neumaterials.com/lfp-recycling-technology |access-date=2025-12-04 |website=www.neumaterials.com}}</ref>.

==~~Intellectual Property~~==

Their patented process requires electricity as its only consumable, and utilises regenerative chemicals to avoid toxic waste and harsh acids. This technique produces battery-grade lithium which can be supplied back to battery manufacturers, and is the world’s first redox targeting recycling method capable of processing lithium iron phosphate (LFP) batteries<ref>{{Cite web |title=NEU Battery Materials {{!}} SGInnovate |url=https://www.sginnovate.com/investments/neu-battery-materials |access-date=2025-12-04 |website=www.sginnovate.com}}</ref>.

~~The startup currently owns or licenses the following patents:~~

* ''Patent 1''

* ''Patent 2''

~~Participation in any technology transfer programmes may be worth describing here as well~~.

==~~Business Model~~==

The firm is currently operateing a pilot production plant in Singapore, where it recycles manufacturing scrap and end-of-life batteries from various regions and clients<ref>{{Cite web |title=NEU Battery Materials |url=https://www.neumaterials.com/news/neu-battery-materials-and-grst-announce-collaboration-agreement-to-drive-clean-and-sustainable-battery-manufacturing-and-recycling |access-date=2025-12-04 |website=www.neumaterials.com}}</ref>.

~~Describe the startup's business model here, with emphasis on any key differentiators or business model innovations~~.

==Traction==

~~List notable customers or partnerships here~~. ~~Awards should not be listed here, but under "Accolades" instead~~

In 2024, NEU Battery Materials entered a partnership with [[Green Renewable Sustainable Technology]], a China-based battery recycling and manufacturing company to accelerate the commercialisation of LFP battery recycling<ref>{{Cite web |title=NEU Battery Materials |url=https://www.neumaterials.com/news/neu-battery-materials-and-grst-announce-collaboration-agreement-to-drive-clean-and-sustainable-battery-manufacturing-and-recycling |access-date=2025-12-04 |website=www.neumaterials.com}}</ref>.

==Accolades==

~~List~~ awards ~~received~~ by the ~~startup here~~.

The startup has won multiple awards since it's founding, including:

* Overall Champion and GreenTech Winner at EPIC 2025, Hong Kong’s flagship innovation and technology competition organised by HKSTP<ref>{{Cite web |title=NEU Battery Materials |url=https://www.neumaterials.com/news/neu-battery-materials-wins-hong-kongs-top-innovation-prize |access-date=2025-12-04 |website=www.neumaterials.com}}</ref>

* 2025 BNEF Pioneers Finalist in the "Innovations in energy storage" challenge<ref>{{Cite web |last=mkaczmarski |date=2025-03-06 |title=2025 BNEF Pioneers Finalists Tackle Light Industry Decarbonization, the Future of Energy Storage and Climate Change Adaptation |url=https://about.bnef.com/insights/clean-energy/2025-bnef-pioneers-finalists-tackle-light-industry-decarbonization-the-future-of-energy-storage-and-climate-change-adaptation/ |access-date=2025-12-04 |website=BloombergNEF |language=en-US}}</ref>

* In 2023, the Singapore Management University Chancellor Award, the Maybank Young Entrepreneurship Shield Award, the Sembcorp Industries Ltd Greenovation Award, and the YIT Haina Innovation Award, accumulating US$190,000 in prize money<ref>{{Cite web |title=Shift4Good |url=https://www.shift4good.com/blog/neu-battery-materials-awarded-for-its-innovative-approach-to-a-smart-sustainable-and-resilient-future |access-date=2025-12-04 |website=www.shift4good.com |language=fr}}</ref>

==Funding==

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-{{Draft}}
 {{Infobox Startup
 |logo=NEU-Battery-Materials-logo.jpg
@@ Line 14: / Line 13: @@
 ==Technology==
-Describe the underlying science and technology of the startup here. Ideally, it should provide a layman introduction of any key differentiators and/or novel or proprietary scientific breakthroughs being commercialised by the startup.
+NEU Battery Materials uses a redox targeting electrochemical extraction to recovers lithium from black mass<ref>{{Cite web |title=Redox-targeting Electrochemical Lithium-ion Battery Recycling Technology {{!}} NEU Battery Materials |url=https://www.neumaterials.com/lfp-recycling-technology |access-date=2025-12-04 |website=www.neumaterials.com}}</ref>.
-==Intellectual Property==
+Their patented process requires electricity as its only consumable, and utilises regenerative chemicals to avoid toxic waste and harsh acids. This technique produces battery-grade lithium which can be supplied back to battery manufacturers, and is the world’s first redox targeting recycling method capable of processing lithium iron phosphate (LFP) batteries<ref>{{Cite web |title=NEU Battery Materials {{!}} SGInnovate |url=https://www.sginnovate.com/investments/neu-battery-materials |access-date=2025-12-04 |website=www.sginnovate.com}}</ref>.
-The startup currently owns or licenses the following patents:
-* ''Patent 1''
-* ''Patent 2''
-Participation in any technology transfer programmes may be worth describing here as well.
-==Business Model==
+The firm is currently operateing a pilot production plant in Singapore, where it recycles manufacturing scrap and end-of-life batteries from various regions and clients<ref>{{Cite web |title=NEU Battery Materials |url=https://www.neumaterials.com/news/neu-battery-materials-and-grst-announce-collaboration-agreement-to-drive-clean-and-sustainable-battery-manufacturing-and-recycling |access-date=2025-12-04 |website=www.neumaterials.com}}</ref>.
-Describe the startup's business model here, with emphasis on any key differentiators or business model innovations.
 ==Traction==
-List notable customers or partnerships here. Awards should not be listed here, but under "Accolades" instead
+In 2024, NEU Battery Materials entered a partnership with [[Green Renewable Sustainable Technology]], a China-based battery recycling and manufacturing company to accelerate the commercialisation of LFP battery recycling<ref>{{Cite web |title=NEU Battery Materials |url=https://www.neumaterials.com/news/neu-battery-materials-and-grst-announce-collaboration-agreement-to-drive-clean-and-sustainable-battery-manufacturing-and-recycling |access-date=2025-12-04 |website=www.neumaterials.com}}</ref>.
 ==Accolades==
-List awards received by the startup here.
+The startup has won multiple awards since it's founding, including:
+* Overall Champion and GreenTech Winner at EPIC 2025, Hong Kong’s flagship innovation and technology competition organised by HKSTP<ref>{{Cite web |title=NEU Battery Materials |url=https://www.neumaterials.com/news/neu-battery-materials-wins-hong-kongs-top-innovation-prize |access-date=2025-12-04 |website=www.neumaterials.com}}</ref>
+* 2025 BNEF Pioneers Finalist in the "Innovations in energy storage" challenge<ref>{{Cite web |last=mkaczmarski |date=2025-03-06 |title=2025 BNEF Pioneers Finalists Tackle Light Industry Decarbonization, the Future of Energy Storage and Climate Change Adaptation |url=https://about.bnef.com/insights/clean-energy/2025-bnef-pioneers-finalists-tackle-light-industry-decarbonization-the-future-of-energy-storage-and-climate-change-adaptation/ |access-date=2025-12-04 |website=BloombergNEF |language=en-US}}</ref>
+* In 2023, the Singapore Management University Chancellor Award, the Maybank Young Entrepreneurship Shield Award, the Sembcorp Industries Ltd Greenovation Award, and the YIT Haina Innovation Award, accumulating US$190,000 in prize money<ref>{{Cite web |title=Shift4Good |url=https://www.shift4good.com/blog/neu-battery-materials-awarded-for-its-innovative-approach-to-a-smart-sustainable-and-resilient-future |access-date=2025-12-04 |website=www.shift4good.com |language=fr}}</ref>
 ==Funding==