Secretary Blinken Visits Lithion to Discuss Circular Economy of Critical Materials and North American Regional Competitiveness

October 28, 2022 – Lithion Recycling (Lithion or the “Company”) is honored to have hosted today the US Secretary of State, Anthony Blinken, the US Ambassador to Canada, David L. Cohen, and the Minister of Foreign Affairs of Canada, the Honourable Mélanie Joly, to its lithium-ion battery recycling and material recovery facility in Montreal, Canada.

In the four years since its foundation, Lithion has gained international recognition for its innovative and sustainable technologies accelerating the transition to electric transportation and closing the loop of the electric battery supply chain. Following the announcement of GM Venture’s investment in the company last September, this visit represents a key opportunity for further collaboration between Canada and the US, as securing critical materials rapidly becomes a top priority for both countries.

Lithion is a Canadian-based company with global ambitions. With the support from the provincial and federal governments and strategic partnerships – including the one with GM, the company is set to expand its activities in North America, which will support the advancement of carbon reduction objectives shared by the US and allied countries.

In 2025, the company will reach the capacity to recycle over 25,000 electric vehicle batteries every year and produce key critical materials to be sent to battery producers. This achievement is essential to ensure local and low carbon sources of critical materials.

“We highly appreciate the interest in our company demonstrated by the US and Canadian administrations. It is a great recognition of the critical role Lithion can play to support transportation electrification on the world stage and inspires us to continue collaborating with governments to build the sustainable solutions required for a successful energy transition,” declared Benoit Couture, President and CEO of Lithion.