The mining giant and the Canadian battery recycler are building a pilot project outside of Italy after failing to clinch an expedited environmental assessment in Sardinia. The companies are still pursuing plans to build the larger, post-pilot project in Portovesme, Italy. (Reuters)
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The mining giant and the Canadian battery recycler are building a pilot project outside of Italy after failing to clinch an expedited environmental assessment in Sardinia. The companies are still pursuing plans to build the larger, post-pilot project in Portovesme, Italy. (Reuters)
Talking point: Italian newspaper Il Sole 24 Ore reported that other locations in Europe or North America are being considered for the demonstration-stage plant, as assessments continue for the larger hub in Portovesme. Li-Cycle shares, which have been under pressure for months, closed down over five per cent on the New York Stock Exchange Friday. The move comes as Li-Cycle has paused work at another site in New York amid concerns about potential construction cost overruns. The firm announced earlier this month it is exploring “strategic alternatives.”
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