Glencore and Li-Cycle announce joint study to develop a European recycling hub, repurposing an existing Glencore metallurgical facility to be the largest source of recycled battery grade lithium as well as recycled nickel and cobalt in Europe

摘要

Expected to create the first European fully closed-loop solution from lithium-ion battery material inputs to battery-grade products; would be the largest source of recycled battery grade lithium as well as recycled nickel and cobalt in Europe . Expected new Hub processing capacity of 50,000 to 70,000 tonnes of black mass input per year . Definitive Feasibility Study to commence in mid-2023 and will leverage Li-Cycle’s leading technology and extend first-mover advantage to Europe . Fast tracked timeline enabled through repurposing part of Glencore’s existing asset base in Portovesme, Italy .