Li-Cycle Secures $75 Million Strategic Investment from Glencore
The funding comes at a critical time for the company, which has encountered challenges in recent times.
March 15, 2024
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Li-Cycle, a lithium-ion battery recycling company, entered into an agreement to issue a senior secured convertible note in an aggregate principal amount of $75 million from an affiliate of Glencore, a producer, recycler, and marketer of nickel and cobalt for the production of lithium-ion batteries.
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