Li-Cycle Announces $75 Million Strategic Investment from Glencore

Credit to Author: Press Release| Date: Tue, 12 Mar 2024 16:15:04 +0000

Builds upon existing long-term partnership and further demonstrates Glencore’s endorsement of Li-Cycle’s Spoke & Hub model, patented recycling technology, and development plans for the Rochester Hub, as part of Glencore’s ambition to bring more circularity to the battery materials space Agreement amends existing Glencore convertible note to provide for extended … [continued]

The post Li-Cycle Announces $75 Million Strategic Investment from Glencore appeared first on CleanTechnica.

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New Battery Recycling Center Will Have A Big Impact on Europe

Credit to Author: Jennifer Sensiba| Date: Thu, 11 May 2023 12:10:17 +0000

Lithium-ion batteries are a rapidly growing technology, used to power everything from our mobile phones to electric vehicles to renewable energy systems. Lithium-ion batteries generally have a much longer lifespan than anti-EV commentators would lead people to believe, and once they’re too degraded for vehicle use, they serve for years more doing stationary energy storage. […]

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The POWER Interview: FREYR Leads Wave of New Battery Manufacturing

Credit to Author: Darrell Proctor| Date: Tue, 28 Mar 2023 13:13:16 +0000

Growth in the energy storage market, including the transportation sector, has spurred a ramp-up in global battery manufacturing and investment in new technologies. Passage of the Inflation Reduction Act (IRA) in the U.S. has brought a flurry of announcements from foreign companies eager to build manufacturing plants in America. FREYR, a Norway-based company, late last […]

The post The POWER Interview: FREYR Leads Wave of New Battery Manufacturing appeared first on POWER Magazine.

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Top Coal Firm in World Cashing in on Global Energy Crisis

Credit to Author: Nexus Media| Date: Wed, 10 Aug 2022 21:50:20 +0000

coalGlencore, the world’s largest coal shipper, is cashing in on the global energy crisis to the tune of nearly $9 billion in the first six months of 2022, and plans to pay out more than half — $4.45 billion — to shareholders in dividends and buybacks. The Switzerland-based trader on Tuesday reported a first half […]

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Li-Cycle & Glencore Announce Partnership, Glencore Invests $200M In Li-Cycle

Credit to Author: Johnna Crider| Date: Sat, 04 Jun 2022 14:00:57 +0000

Li-Cycle and Glencore have announced a strategic partnership that will provide customers with an integrated approach for both primary and recycled metal needs. As part of this partnership. This is in addition to another partnership announced earlier in May. The two companies executed a global feedstock supply agreement in which Glencore will supply all types […]

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Glencore & Li-Cycle Partner For Battery Recycling

Credit to Author: Johnna Crider| Date: Sun, 08 May 2022 01:54:47 +0000

Li-Cycle and Glencore have announced a long-term battery supply agreement to better serve the EV battery supply chain. The agreement is a global feedstock supply agreement. Glencore will supply a wide variety of manufacturing scrap as well as end-of-life lithium-ion batteries to Li-Cycle. The two companies also entered into a non-binding Term Sheet for global […]

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Ørsted Divests “Loss-Making” LNG Business

Credit to Author: Joshua S Hill| Date: Mon, 23 Dec 2019 17:35:10 +0000

Danish renewable energy giant Ørsted announced last week that it has signed an agreement with leading global natural resources company Glencore to divest itself of its liquefied natural gas (LNG) business

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