Li-Cycle begins operations at its first European lithium-ion battery recycling facility lithiumionbattery
- Lithium-ion battery resource recovery company Li-Cycle Holdings today announced the start of commercial operations at its first Spoke recycling facility in Europe, located in Magdeburg, Germany.
With an additional 10,000 tonnes of ancillary capacity planned, the facility is expected to have a total capacity of 30,000 tonnes per year, making the Germany Spoke the largest Spoke in Li-Cycle's current portfolio and one of the largest facilities of its kind on the continent. “The network of five operating Spokes, which are located in Kingston, Ontario; Rochester, New York; Gilbert, Arizona; Tuscaloosa, Alabama; and now Magdeburg, Germany, ensures that the company has an established footprint in key strategic regions to maintain its significant first-mover advantage on both continents,” the company said.
Li-Cycle's Spokes produce an intermediate product called “black mass,” which includes a variety of valuable battery materials such as lithium, nickel and cobalt. Li-Cycle plans to process the black mass it produces from its Spoke network at its future Hub facilities.
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