06
May
15:18
Glencore to invest $200m in Li-Cycle as part of long-term deal
Anglo-Swiss mining company Glencore will invest $200 million in Li-Cycle Holdings – a leading lithium-ion battery recycler in North America, Kallanish reports.
The strategic partnership could see Glencore owning a 10% stake in Li-Cycle. Their deal includes a long-term battery supply agreement, under which Glencore will supply all types of manufacturing scrap and end-of-life lithium-ion batteries to Li-Cycle.
The North American recycler will become a prefer…
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Very good overview of the weekly steel market.
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