Original article published on Fastmarkets IM
September 8, 2017 – Fastmarkets IM
A Canadian start-up has recognized the risks posed by the lack of end-of-life management available for the rapidly growing number of lithium-ion batteries in the global economy and is seeking to provide a profitable solution.
Canadian battery recycling business Li-Cycle is the brainchild of two entrepreneurial engineers, aimed at solving the rapidly growing global lithium-ion (Li-ion) battery waste problem.
Ajay Kochhar, a chemical engineering graduate and CEO of Li-Cycle, and Tim Johnston, a trained mechanical engineer and the company’s market and technical advisor.