Li-Cycle halts Rochester expansion, plans construction review
Li-Cycle, which had secured a $375M loan from the U.S. Department of Energy, said rising construction costs led it to reassess its approach.
Source: yahoo.com
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Li-Cycle, which had secured a $375M loan from the U.S. Department of Energy, said rising construction costs led it to reassess its approach.
"Once the facility is at full steam, it is projected to be the biggest source of lithium carbonate in the United States."
The U.S. Department of Energy (DOE) has extended a conditional loan of $375 million to Canadian battery recycler Li-Cycle Holdings Corp.