14
Nov
14:31
Li-Cycle halts NY project amid growing losses
Toronto-headquartered Li-Cycle is conducting a review on its paused Rochester Hub project, amid widening net losses and overbudgeting, Kallanish learns.
The lithium-ion battery resource recovery firm had been progressing on a hydrometallurgical recovery facility in Rochester, New York. However, the company paused construction on the project in late October pending a review of the project’s go-forward strategy.
While construction is paused, Li-Cycle says it …
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