Lithium-ion battery recycling company Momentum Technologies, a leader in processing and recovering high-purity critical metals and minerals, opened its new headquarters this week with a state-of-the-art demonstration unit and research and development laboratory in Carrollton.

“Our new headquarters demonstrates Momentum’s commitment to advancing critical metals recovery in a way that is both economically sustainable and environmentally responsible,” CEO Mahesh Konduru said in a statement. “This is a significant milestone for our team, whose dedication made it possible. We remain focused on expanding our capabilities and delivering innovative, scalable solutions that address the increasing demand for clean energy technologies.”

At a ribbon cutting event Tuesday, Momentum welcomed industry professionals, community leaders, and local partners to tour the facility and see firsthand how its proprietary Membrane Solvent Extraction (MSX) technology is transforming critical metal recovery. The company said its cutting-edge innovation provides a sustainable and cost-effective solution for processing valuable materials, “positioning Momentum at the forefront of the clean energy and battery recycling industries.”

Momentum Technologies’ patented MSX process recovers more than 97% of the rare earth elements from scrapped magnets at purities exceeding 99.5% by weight. The recovered material can be made into new magnets for electronics and other applications. [Image courtesy of Oak Ridge National Laboratory, U.S. Dept. of Energy. Created by Syed Islam and Jason Smith.]

Recycling electric vehicle batteries and more

Momentum has developed a patented modular, scalable battery recycling technology in conjunction with the U.S. Department of Energy, Oak Ridge National Lab, and Halliburton Labs.

Founded in 2016, Momentum said it has consistently proven the simplicity and efficacy of its MSX technology across multiple scales.

It said that what started in a small garage has evolved into a state-of-the-art facility where Momentum is pushing the boundaries of membrane extraction for the recovery of critical minerals from waste.

Beginning with lab-scale trials in 2021, Momentum said it successfully transitioned to a pilot scale in 2022. Today, its demonstration unit within the new facility processes 200 tons per year (TPY) with 98-99% purity—representing a 20x scale-up from the pilot phase.

“With rising demand for electric vehicles and battery storage, the need for efficient recycling solutions has never been greater,” Preston Bryant and Robert Miles, co-founders of Momentum, said in a joint statement. “Our modular approach enables us to refine materials close to waste producers, significantly reducing transportation costs and associated emissions. This facility represents the next step in scaling our technology to meet market needs while minimizing environmental impact.”

Expansion with Ohio facility

Momentum said it plans to expand its operations with a new commercial-scale facility in Ohio that is slated to open next year. The expansion will enable Momentum to further demonstrate the scalability of its MSX technology, processing larger volumes of critical metals while maintaining the flexibility and cost-efficiency that define Momentum’s approach.

“As we continue to expand, our upcoming Ohio facility will allow us to take this innovation to the next level, supporting larger-scale operations while staying true to our commitment to efficiency and environmental stewardship,” Konduru added.

In 2021, wrote about Momentum landing a $20 million investment from Freestone HoldCo LLC, a portfolio company of Dallas-based Tailwater Capital. That same year, Momentum co-founder and then-CEO Preston Bryant, was named to the Forbes 30 Under 30 list.

David Seeley contributed to this report.

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