Glencore acquires bankrupt Li-Cycle amid challenges in battery recycling sector
Li-Cycle struggled with financial issues and policy shifts, leading to its acquisition by Glencore
Glencore, a European commodities trading and mining company, has completed the acquisition of the lithium-ion battery recycler Li-Cycle, submitting a $40 million bid for Li-Cycle's assets in May following the company's bankruptcy proceedings.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
