NEU Battery Materials achieves 98% lithium extraction rate with recycling process

• NEU Battery Materials, a Paragon Ventures I portfolio company, closed an oversubscribed funding round.
• In 2025, the LFP battery recycler surpassed performance targets originally set for 2028.
• Its patented electrochemical recycling process achieved a 98% lithium extraction rate, producing battery-grade lithium.
• At pilot scale, the process generated five times lower CO2 emissions than hydrometallurgy.
• Energy use was 18 times lower than hydrometallurgy, with water consumption 28 times lower.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paragon Capital Management Singapore Pte Ltd published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.