Quote:
Originally Posted by RM7
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Li-Cycle’s Kingston plant opened in 2019 and now recycles 5,000 tonnes of batteries a year. The company has since opened three other recycling facilities in New York, Arizona and Alabama — each one another “spoke” in its two-stage “Spoke and Hub” vertically integrated recycling strategy. Combined, they have a capacity to process 51,000 tonnes of battery materials per year.
legitimate question; how many tons of batteries are manufactured each year?
Overall revenue is still modest, however. In fiscal 2022, ended Oct. 31, Li-Cycle posted $13.4 million in revenue.
Sounds like how we recycle plastics via our household garbage service, and much of it ends up in the landfill anyway because it doesn't make economic sense.