Lyten acquires Northvolt's Revolt recycling site in Skellefteå

Lyten's acquisition of Northvolt's operational Revolt recycling site in Skellefteå, Sweden, immediately secures a substantial 120,000 tons/year of black mass capacity. This provides Lyten direct control over a critical input for its advanced applications, bypassing the typical development timelines for new industrial facilities in Sweden. The undisclosed value of the transaction, announced on 2026-03-14, suggests a highly tailored commercial agreement between the two entities. For Lyten, this operational asset offers an accelerated path to integrate raw material supply into its manufacturing processes for high-performance lithium applications. Northvolt, a European battery manufacturer focused on sustainable battery production and establishing a circular battery industry, divests an operational recycling asset in Skellefteå, Sweden. This move allows Northvolt to potentially reallocate capital towards its core battery manufacturing or other strategic recycling initiatives within its broader circular economy vision. Lyten, a materials science company pioneering the industrial production of 3D graphene and developing advanced applications including high-performance lithium, gains immediate access to crucial black mass capacity. This acquisition directly supports Lyten's manufacturing needs for its novel material platform, accelerating its path to market for advanced applications.