Canadian battery recycling company Li-Cycle announced that it will be building a facility in west Alabama.
The Alabama factory will be the company’s fourth location in North America. According to Businesswire, Li-Cycle plans to spend around $10 million on the west Alabama facility. The facility, expected to open by mid-2022, will process around 5,000 tons of battery material per year. The Li-Cycle facility will create 30 new jobs in Alabama.
The Toronto-based company reprocesses lithium-ion battery manufacturing scraps and end-of-life batteries that can be re-used by automakers. The new plant will be located near the Mercedes, which will begin producing battery-powered vehicles next year.