US EditionGlencore completes takeover of Li-Cycle battery recycling assets
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8 Articles
wastedive.com
Glencore completes takeover of Li-Cycle battery recycling assets
Li-Cycle filed for bankruptcy earlier this year and was down to a skeleton staff in North America. European commodities firm Glencore submitted a bid of approximately $40 million to acquire the assets.
At Magdeburg, the company Li-Cycle from Canada develops one of the largest recycling plants for batteries in Europe. It is about critical raw materials for the EU. The Canadian battery recycler Li-Cycle, which develops one of the largest recycling plants in Europe at Magdeburg, has been acquired by the Swiss company Glencore. The acquisition took place already on Friday, as Glencore announced on its website. The Swiss company describes itself as…
With the acquisition of Li-Cycle, Glencore is expanding its battery recycling business. Among other things, the Li-Cycle site near Magdeburg, one of the largest battery recycling facilities in Europe, will be acquired by the Swiss raw materials group.
At Magdeburg, the company Li-Cycle from Canada is developing one of the largest recycling plants for batteries in Europe. It is about critical raw materials for the EU.The Canadian battery recycler Li-Cycle, which develops at Magdeburg one of the largest recycling plants in Europe, has been acquired by the Swiss company Glencore. The acquisition took place already on Friday, as Glencore announced on its website. The Swiss company describes itsel…
Li-Cycle Completes Sale of Certain of its Subsidiaries and Assets to ...
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