Insight
Glencore and Li-Cycle look to scale up giga-recycling in Europe
Report summary
On 9 May 2023 Canada-based battery recycling company Li-Cycle and Swiss mining company Glencore co-signed a letter of intent for a feasibility study for a hub battery recycling facility in Portovesme, a seaport in Sardinia, Italy, that will process 50 to 70 ktpa of black mass into lithium, nickel and cobalt products. The large hydrometallurgical Portovesme complex could be extremely lucrative for Glencore overall but its success will depend on the commercial viability of Li-Cycle's first hub in Rochester, New York.
Table of contents
- The event
- Li-Cycle spreads its control over the European recycling value chain
- Another high-risk, high-reward opportunity for Glencore?
- Will recycling be monopolised in Europe?
- Possible offtake partners from the Portovesme Hub
Tables and charts
This report includes 4 images and tables including:
- Revenue forecast for the Portovesme Hub*
- Assumptions
- Europe black mass processing capacity and feedstock supply forecast
- Potential offtake locations
What's included
This report contains:
Other reports you may be interested in
Insight
Metals and mining - scrap research
Wood Mackenzie's scrap research - a simple way to access our insights on the circular economy for metals.
$1,050
Insight
Europe levelised cost of electricity 2023 (LCOE)
This report provides an analysis and outlook to 2050 for power technology and generation cost trends in Europe.
$15,000
Insight
A delayed energy transition
3 ˚C warming pathway
$1,050
