In the race to meet the explosive global demand for lithium-ion batteries, NEU Battery Materials is emerging as a game-changer in the push for clean, sustainable energy. Powered by its patented electrochemical technology, NEU has introduced the world’s first sustainable redox-targeting battery recycling process—an innovative leap set to revolutionize the recycling landscape.

Founded in 2020 by NUS graduates Bryan Oh (BBA, NUS Business School) and Kenneth Palmer (BEng, NUS College of Design and Engineering), NEU Battery Materials emerged from the NUS Graduate Research Innovation Programme (GRIP) with a clear goal to transform the future of battery recycling and accelerate the clean energy transition.

Originally developed by Professor Wang Qing, Deputy Head of the Department of Materials Science and Engineering at NUS College of Design and Engineering, NEU has successfully commercialized and improved the process to accommodate global demands and changes in feedstock materials. NEU has progressed from a lab bench to a pilot facility and now, constructing the world’s first electrochemical redox commercial recycling plant.

Based in Singapore, NEU Battery Materials is aiming to be the largest, cleanest, and most neutral source of recycled lithium from lithium iron-phosphate (LFP) batteries globally. The company is supported by the likes of SGInnovate, a Singapore government-backed Deep Tech investor, which led an oversubscribed US$3.7 million Seed Funding Round, and Temasek Foundation grants among others.

NEU isn’t just responding to today’s battery demands, it is laying the foundation for a cleaner, more sustainable future for generations to come. The global lithium-ion battery market is projected to soar past US$400 billion by 2030, nearly five times its value in 2022 (McKinsey Insights Team). The industry’s growth brings with it an undeniable challenge: waste. If recycling is not an option, over 5 million tonnes of used lithium batteries will flood the global waste stream by 2034.

Sustainable lithium battery recycling is the key to unlocking a flourishing circular economy, creating stable supply chains, generating new revenue streams, and significantly reducing the harmful impacts of mining.