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☆ Li-cycle discusses lithium-ion battery recycling in different markets
  + stars: | 2023-07-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLithium-ion battery recycling: Lack of end-to-end solutions in North America, Europe, says Li-CycleAjay Kochhar, CEO of the lithium-ion battery recycler, says it's not entirely true that there's a "big fight over scrap … in every region. I think every market's a bit different."
Persons: Li, Ajay Kochhar, it's Locations: North America, Europe
☆ We continue to see strong growth fundamentals for new battery factories, Li-Cycle says
  + stars: | 2023-04-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe continue to see strong growth fundamentals for new battery factories, Li-Cycle saysAjay Kochhar, CEO of Li-Cycle, says it's very active in North America, Europe and Asia.
☆ U.S. to loan Li-Cycle $375 million for New York recycling plant
  + stars: | 2023-02-27 | by ( Ernest Scheyder | Thomson Reuters | Covers The Future Of Energy | ) www.reuters.com   time to read: +2 min
Feb 27 (Reuters) - The U.S. Energy Department on Monday said it will lend Li-Cycle Holdings Corp (LICY.N) $375 million as it builds a battery recycling facility in New York set to become one of the country's largest sources of lithium by next year. Senator Chuck Schumer, a New York Democrat who serves as Senate majority leader, had long advocated for Li-Cycle to receive the funding. Li-Cycle's Rochester, New York, processing facility is slated to open later this year at a cost of roughly $485 million. The Rochester facility will break down that black mass into lithium and other metals. The Energy Department in the past month has agreed to lend $2 billion to Li-Cycle peer Redwood Materials and $700 million to ioneer Ltd's (INR.AX) Rhyolite Ridge lithium mining project.
☆ Lithium-ion battery recycling company Li-Cycle scores $375 million conditional loan from Energy Department for Rochester plant
  + stars: | 2023-02-27 | by ( Pippa Stevens | ) www.cnbc.com   time to read: +3 min
Battery recycling company Li-Cycle said Monday it's secured a conditional $375 million loan from the Department of Energy to develop a recycling facility for key battery materials near Rochester, New York. The Rochester facility will significantly expand Li-Cycle's reach. "I think of course we need both primary, meaning mine sources, and secondary…every unit counts of lithium, nickel, cobalt. I think with the overlay of the IRA and the overlay of the corporate targets around sourcing for these materials, recycling is going to be very important." Li-Cycle said it expects the loan to close during the second quarter, with the company planning to initiate commissioning of the Rochester facility late this year.
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