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Li-Cycle to invest 175 million USD in recycling plant in Rochester, NY
Circular Energy Storage- Sep 23, 2020
- 1 min read
The Ontario, Canada-based recycler Li-Cycle will erect a hydrometallurgical plant for recycling of lithium-ion batteries in the old Eastman Kodak facility in Rochester, New York. The plant will have a capacity of 60,000 tonnes of waste batteries per year, equivalent to 25,000 tonnes of black mass. Construction will commence in 2021 and is planned to be fully operational in 2022.
The company is already setting up a shredding facility at the same location with a capacity of 5,000 tonnes per year.
The announcement were made by Governor Andrew M. Cuomo who said the company has committed to create at least 100 new jobs at the Hub, in addition to the 23 who will be working at the shredding facility.
Li-Cycle has so far not disclosed details of the financing.
Announcement by state of NY:
Li-Cycle's press release:
