Worcester, MA – According to filings with the U.S. Securities and Exchange Commission, Battery Resourcers is raising $21,350,284.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Michael O’Kronley played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Battery Resourcers

Premium cathode materials from the world’s most efficient Li-ion recycling process.  Founded in 2015, Battery Resourcers is committed to changing the dynamics for processing end of life lithium ion batteries. Currently most lithium ion batteries are landfilled. If they are recycled only the metal value from the batteries is recovered. Battery Resourcers proprietary process allows one to directly synthesize new cathode materials from spent lithium ion cells. Thus Battery Resourcers will be able to deliver low cost cathode materials to the lithium ion battery market enabling green technologies and resulting in less landfilled material a more sustainable pathway forward. Battery Resourcers technology enables maximum return on assets to economically drive recycling, while at the same time enabling lower cost battery materials.

To learn more about Battery Resourcers, visit http://www.batteryresourcers.com/

Contact:
Michael O’Kronley, Chief Executive Officer
774-530-6377
mokronley@batteryresourcers.com
https://www.linkedin.com/in/mike-o-kronley-32173715/

SOURCE: http://www.intelligence360.io
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