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Tag Archives: Canada

DOE grants $375M loan for lithium battery recycling plant (access required)

lithium battery, electric vehicles, Li-Cycle, Department of Energy, Casa Grande, Gilbert

The effort to satisfy a vast demand for lithium for electric vehicle batteries moved one step forward with a $375 million loan from the Department of Energy to Li-Cycle, a battery recycling company, to build a lithium-ion battery recovery plant near Rochester, N.Y., after plans for another such facility in Arizona were announced recently.

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