The Elements of Innovation Discovered
The Elements of Innovation Discovered
First commitment from DOE ATVM for battery recycling facility Metal Tech News - March 1, 2023
Li-Cycle's commercially proven, sustainable, and scalable recycling technology allows up to 95% recovery of materials from lithium-ion batteries, including lithium, nickel, and cobalt.
Keeping with its goal to support companies' endeavoring to establish a domestic battery materials supply chain for electric vehicles and associated technologies that will require the same minerals and metals, the U.S. Department of Energy's Advanced Technology Vehicles Manufacturing (ATVM) loan program has conditionally committed to loaning Li-Cycle $375 million to expand its recycling efforts in...
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