Li-Cycle (LICY) CEO On Recycling Of Lithium-Ion Batteries

Li-Cycle (LICY) received conditional commitment for $375M loan from U.S. department of energy. Ajay Kochhar, founder, President, and CEO of LICY discusses this loan as it is though the DOE's advanced technology vehicles manufacturing (ATVM) program. He notes that this is the first conditional commitment from DOE ATVM program for sustainable pure-play battery materials recycling company. He talks about how LICY is engaged in the recycling of lithium-ion batteries and are able to recover up to 95% of all critical materials found within old batteries. Tune in to find out more about the stock market today.