Exclusive-Washington seals $475 million loan for battery recycler Li-Cycle ahead of Trump's arrival

By Yahoo! Finance | Nov 7, 2024 at 04:06 PM EST

The U.S. Department of Energy finalized a $475 million loan for Li-Cycle Holdings to build a battery processing facility in New York, supporting Biden's electric vehicle supply chain vision. The loan secures the company's future and aids in the expansion of battery recycling for various applications.

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