Canada’s Li-Cycle plans to build $175m lithium-ion battery recycling hub in US

WCN Editorial Team 15 Sep 2020 NORTH AMERICA BUILDINGS

Canadian lithium-ion battery resource recovery company Li-Cycle is planning to build a $175m lithium-ion battery recycling hub in New York State, US.

Planned to be built on a 15.4-acre parcel of land at Eastman Business Park (EBP) in Monroe County, the recycling hub is expected to help the company tap into the lithium-ion battery supply chain and ecosystem in Rochester, New York.  

Construction on the Li-Cycle’s Hub facility is planned to commence in 2021. The new facility is expected to create 100 new jobs.

Li-Cycle executive chairman and co-founder Tim Johnston said: "We are excited to be able to announce Rochester as the location of Li-Cycle's first commercial Hub refinery.

“This facility will enable sustainable close loop production of critical materials for the battery industry, such as cobalt, nickel and lithium, right here in North America supporting the development of electric vehicles and other sustainable energy applications.”

The new facility is in addition to the company’s first US facility, known as 'Spoke', and is located at the park in Monroe County.

The ‘Spoke' facility will be capable of processing up to 5,000 tonnes per year of lithium-ion batteries used in electronic devices, e-mobility, electric vehicles and energy storage.

Upon completion, the Hub facility will receive battery materials from the Spoke facility and similar operations across the US.

The Li-Cycle’s Hub facility is backed by $5m from the up to $5m funding from Empire State Development (ESD) through the Excelsior Jobs Tax Credit Programme.

Empire State Development acting commissioner and president & CEO-designate Eric Gertler said: "Our investment in Li-Cycle's lithium-ion battery recycling facility at Eastman Business Park represents our continued commitment not only to this company, but in broader economic opportunities within the sustainable energy industry.

“This forward-thinking project will add high-quality jobs in the Finger Lakes region and advance our efforts to establish New York State as a world leader in energy storage."

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Construction on the Li-Cycle’s Hub facility is due to start in 2021. (Credit: StockSnap from Pixabay)

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