Lyten acquires Northvolt's Revolt recycling site in Skellefteå

Lyten's acquisition of Northvolt's Revolt recycling site in Skellefteå represents a significant vertical integration play, expanding its control over battery material recycling infrastructure. This latest purchase, including key technology licenses, builds on Lyten's prior acquisitions of Northvolt Ett and Northvolt Labs. The move solidifies Lyten's strategy to leverage its 3D graphene platform across the battery lifecycle, from advanced material development to recycling. For Northvolt, the divestment suggests a strategic realignment, potentially focusing its sustainable battery production efforts elsewhere within its circular economy ambitions. This transaction positions Lyten to enhance its high-performance lithium-ion battery offerings through a more integrated supply chain.