Li-Cycle

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  November 14, 2024

  Li-Cycle Secures US$475 Million Loan from U.S. Department of Energy for Rochester Hub Project

  BY Lara Browne
  Lithium-ion battery (LIB) recycler Li-Cycle Holdings Corp., based in Toronto, has entered into an agreement for a loan of up to US$475 million from the U.S. Department of Energy (DOE). The loan consists of up to $445 million in principal and up to $30 million in capitalized interest and is being provided through the DOE’s...
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  October 31, 2024

  Li-Cycle and Glencore Finalize Off-Take Agreement for Rochester Hub Production

  BY Lara Browne
  Li-Cycle Holdings has strengthened its partnership with global commodities giant Glencore by finalizing a commercial agreement for the off-take of mixed hydroxide precipitate (MHP) produced at the Rochester Hub. This strategic deal ensures that Glencore will take 100% of the MHP output from the Rochester facility, which includes valuable metals like nickel and cobalt. The...
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