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Li Industries, Inc. Selected for $55 Million Award as Part of Department of Energy Bipartisan Infrastructure Law (BIL) Effort to Advance Closed-Loop Lithium Iron Phosphate Recycling and Manufacturing - PressReach

Summary by pressreach.com
CHARLOTTE, N.C., Sept. 23, 2024 /PRNewswire/ — Li Industries, Inc., a leader in sustainable battery recycling, is proud to announce it has been selected for a $55 million award from the U.S. Department of Energy to drive advancements in lithium iron phosphate (LFP) cathode active material (CAM) direct recycling and production. This grant supports the establishment of a 10,000 tonne per annum LFP CAM recycling and manufacturing plant. The new fac…
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