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Synopsis The recycling initiative is already underway at the Charlotte, North Carolina-based company, with a joint development agreement in place with a customer and the company looking at making investments with original equipment manufacturers. iStock Recycling is viewed by environmental groups as one important way to reduce new mining projects. The world’s biggest lithium miner wants to extract more of the battery metal from old cars as demand surges and aging electric vehicles are traded in. Albemarle Corp. is making investments and partnering with automotive equipment manufacturers on ...

Press release content from Business Wire. The AP news staff was not involved in its creation. Li-Cycle and Ultium Cells LLC Announce Agreement on Recycling of Battery Manufacturing Scrap May 11, 2021 GMT TORONTO--(BUSINESS WIRE)--May 11, 2021-- Li-Cycle Corp. (“Li-Cycle” or “the Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced an agreement with Ultium Cells LLC (“Ultium”), a joint venture of General Motors (“GM”) and LG Energy Solution (“LGES”), to recycle up to 100% of the...

06:30am EDT| The engineer who helped Elon Musk turn Tesla into a powerhouse sees a future “where every vehicle is electric” – and an unfathomably profitable market in recycling the valuable metal from all those batteries. Four years ago Tesla’s CTO JB Straubel was ramping up battery output at its sprawling Gigafactory near Reno, Nevada when inspiration struck: Why not start a company to recover metals from the factory’s scraps and other used electronics and turn them back into usable lithium, cobalt and graphite to make new batteries. Figure out how to do that at a low enough cost a...

Governors' Wind Energy Coalition SPAC Crackdown Threatens Gauzy Forecasts That Power EV Startups Source: By Crystal Kim, Bloomberg • Posted: Tuesday, May 4, 2021 The marriage between SPACs and clean-tech vehicle startups is on the rocks as regulators push for detail on the one thing most of them lack: a solid business. Stocks of electric-mobility firms like Nikola Corp., Lordstown Motors Corp. and Romeo Power Inc. that went public by merging with special-purpose acquisition companies are down at least 69% from dizzying peaks, as investors question whether their visions...

TORONTO--(BUSINESS WIRE)--Apr 27, 2021-- Li-Cycle Corp. (“Li-Cycle” or “the Company”), an industry leader in lithium-ion battery resource recovery and the largest lithium-ion battery recycler in North America, today announced that it has launched The Green-Cycle Podcast, featuring the latest news, trends, and innovations in clean technology. The Green-Cycle Podcast hosted by Lee Constable, a notable TV personality and professional science communicator, made its official debut today with its first episode discussing the importance of lithium-ion battery recycling and resour...