November 6, 2024
Glencore to buy Li-Cycle’s Rochester hub MHP production; agreement could help recycler secure DOE loan (Fastmarkets)
Li-Cycle announced on Thursday October 31 that it had entered an agreement with Glencore to sell 100% of the premium nickel-cobalt mixed hydroxide precipitate (MHP) production at its stalled hub in Rochester, New York – a step that could support Li-Cycle’s efforts to finalize a loan with the US Department of Energy (DOE)
November 06, 2024
Original article published via Fastmarkets
“The offtake agreement with Glencore will now include 100% of the MHP, in addition to the previous off-take rights for lithium carbonate, to establish a strong commercial framework for the Rochester Hub project,” Louie Diaz, Li-Cycle’s vice president of corporate affairs, told Fastmarkets on Thursday.
Read the full article here.
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