Li-Cycle’s German unit receives approval for €6.4 million in grants from the state of Saxony-Anhalt

Circular Economy & Remanufacturing

Li-Cycle’s Germany-based spoke facility currently has an annual Li-ion battery-processing capacity of up to 10,000 metric tons per year

Li-Cycle Germany GmbH, a subsidiary of Canada-based Li-Cycle Holdings Corp., a leading global lithium-ion (Li-ion) battery-recycling company, has received approval from the German state of Saxony-Anhalt for a grant of up to €6.4 million for its Li-ion battery-spoke recycling facility, the company announced Feb. 7.

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