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27 Feb
15:25

DOE to award Li-Cycle $375m loan for New York battery recycling hub

Li-Cycle Holdings Corp reports that it has entered a conditional agreement with the US Department of Energy for a $375 million loan for a planned hub lithium-ion battery recycling facility in western New York state, Kallanish reports. The federal loan from DOE’s Advanced Technology Vehicles Manufacturing programme will support the Ontario-based company and its planned facility near Rochester, New York. It is expected to be the first source of recycled batter…
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