Li-Cycle to recycle lithium batteries in Rochester

Li-Cycle to recycle lithium batteries in Rochester

Lithium is an abundant element on U.S. soil, but it is costly and socially problematic to extract. Many analysts believe that the future success of the electric car market depends on a stable supply of lithium and other raw materials. Li-Cycle is embarking on the task of finding intermediate solutions through recycling. Li-Cycle announced Monday (Feb. 27) an agreement to receive a conditional loan from the U.S. Department of Energy. It consist…