Montreal's Lithion Recycling lands $125M in funding to scale up battery recycling

Lithion Batteries Crate — Lithion says its process recycles 95 per cent of the materials in EV batteries, helping lessen the need for mining new materials as the auto industry shifts away from gasoline and diesel vehicles. (Lithion Recycling Inc.)

January 25, 2022 05:30 PM

A Montreal-based recycling technology company has locked in funding to help it scale up its method for breaking down end-of-life electric vehicle batteries and preparing the rare metals they contain for reuse.

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