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Battery recycler Li-Cycle Holdings inks $375m DOE loan pledge

February 27, 2023

Canada-based Li-Cycle Holdings said that it received a conditional commitment for a $375 million loan from the Department of Energy’s Loan Programs Office, through DOE’s Advanced Technology Vehicles Manufacturing program.

The loan would advance development of Li-Cycle’s first commercial hydrometallurgical resource recovery facility near Rochester, New York.

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