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Representational image of electronic waste by John Cameron on Unsplash
LIB recycling start-up Metastable Materials is planning to build a new battery recycling facility in Bangalore, Karnataka, in the coming two years. The company reportedly uses chemical-free technology to extract copper, cobalt, nickel, and lithium from used batteries.
Metastable has received an undisclosed amount of seed funding from investors including Sequoia India’s Surge, Speciale Invest, and Theia Ventures. The investments required for the establishment of the plant are not disclosed.
