ADVANCED LITHIUM-ION BATTERY RECYCLING
Li-Cycle is a world-leading and high margin Li-ion battery recycling technology that recovers >90% of cobalt, nickel, lithium and copper.
TechMet has made an initial equity investment and agreed a road map to become a major shareholder by funding Li-Cycle’s first processing plant, and also to form a JV to secure battery supplies and develop a second plant in Europe.
- Li-Cycle’s proprietary technology is capable of safely dismantling and processing all Li-ion batteries – ‘future proofed’ against the changing chemistry.
- Environmentally sound, low energy consumption, produces no landfilled waste, and no water discharge.
- Based in Canada, it is positioned to become a dominant provider of battery management services in America and Europe.