By A.J. Roan
Metal Tech News
Inflation squeezes Li-Cycle recycling hub
Company pauses Rochester work to reassess financial options Metal Tech News – November 15, 2023
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Last updated 11/23/2023 at 5:35am
Li-Cycle Holdings Corp.
Currently pausing construction at the planned Rochester recycling hub being built in New York, Li-Cycle is reassessing options to pay for rising costs.
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...
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