Inflation squeezes Li-Cycle recycling hub
Company pauses Rochester work to reassess financial options Metal Tech News – November 15, 2023
Last updated 11/23/2023 at 5:35am
In spite of the growing need for domestic supplies of critical battery materials to power zero-carbon energy technologies, Li-Cycle Holdings Corp. announced a pause in construction of its planned Rochester recycling hub due to escalating costs the U.S. is presently facing.
Established in Ontario, Canada, Li-Cycle has developed a method to safely and sustainably recycle spent lithium-ion batteri...