Refinyx

Based in Sweden, Refinyx, operates as a developer and manufacturer of lithium-ion energy storage products. Based in Stockholm, Sweden and founded in 2025, Refinyx develops and manufactures lithium-ion energy storage products. In September 2026, Qarlbo launched Refinyx. Financial terms were not disclosed.

The transaction enables the company to accelerate growth and expand its global presence. Refinyx specializes in critical metals recovery technology, focusing on the recycling of vital materials such as nickel, cobalt, lithium, rare earth elements, and phosphorus. Their core offerings encompass advanced refining processes designed to extract high-purity battery-grade materials from waste streams, including the byproducts of battery recycling and phosphogypsum stacks. By deploying state-of-the-art chemical processes and engineering solutions, Refinyx serves industries reliant on these materials, particularly electric vehicle manufacturers, renewable energy technologies, and specialty chemical producers in North America and Europe.

Refinyx generates revenue through a combination of licensing agreements, joint ventures, and full project delivery models. Clients engage with Refinyx based on their specific needs for technology implementation, including provision of the necessary feedstock, site infrastructure, and capital investment, while Refinyx supplies the engineering expertise and technology required for refining operations. This transactional structure enables clients to efficiently integrate Refinyx's patented processes into their existing facilities. The company plans to accelerate growth and expand its global presence following its launch in September 2026.