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US Battery Recycler Lands $1.1B Critical Metals Deal
Key Takeaways
- Nth Cycle signed a 10-year, $1.1 billion deal with Trafigura to supply refined battery metals from recycled batteries
- The company's electro-extraction technology recovers nickel, cobalt, and manganese without extensive chemical waste
- IRA tax credits incentivizing domestic battery sourcing create a strong policy tailwind for US battery recycling
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DT Editorial Team··3 min read·via electrek.co
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