August 18, 2022
The need for electric vehicle battery recycling is sooner than you think
August 17, 2022
Original interview published via Kitco Mining
While mass adoption for electric vehicles is years out, battery recycling at an industrial scale is needed now, said Li-Cycle’s Chief Strategy Officer Kunal Phalpher. Phalpher spoke to Kitco on Tuesday.
Li-Cycle (NYSE: LICY) is focused on recycling lithium ion batteries and recovering the materials for re-use. The company has built plants in Ontario and New York state. In the spring the company announced a partnership with mining giant, Glencore. Last year the company raised $100 million from Koch Industries.