Battery Recycling

GM and Lithion Announce an Investment and Strategic Partnership Agreement to Pursue a Circular EV Battery Ecosystem

MONTREAL AND DETROIT – Lithion Recycling Inc. (“Lithion”) and General Motors Co. (NYSE: GM) today announced that GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology. This collaboration …

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Lithion Recycling Receives $22.5 million in Funding from the Quebec Government

MONTREAL, QC, April 1, 2022 – Lithion Recycling Inc. (“Lithion”) is proud to announce $22.5 million dollars in funding from the Quebec government, including a 15 million equity investment in the company’s capital stock through Investissement Québec and $7.5 million in grants from the Fonds d’électrification et de changements climatiques. Lithion also received funds earlier …

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Lithion Recycling Appoints Eva Carissimi as VP and General Manager

MONTREAL, QC, February 8, 2022 – Lithion Recycling announced today the appointment of Eva Carissimi to the role of VP and General Manager. In her role, Ms. Carissimi will be responsible for the operations of the commercial plants based in Quebec and owned by Lithion. Ms. Carissimi is a highly regarded metallurgical engineer with 30 …

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Lithion Recycling Announces the Closing of a First Significant Tranche of up to $125 Million Series A Financing Led by IMM Investment Global and Supported by Fondaction

MONTREAL, QC, January 24, 2022 – Proceeds from the financing will support the construction of Lithion’s first lithium-ion battery recycling plant and a state-of-the-art Technology Development Center in Quebec Lithion Recycling Inc. (“Lithion” or the “Company”) is proud to announce it has reached financial close of a first tranche of Series A equity with a …

Lithion Recycling Announces the Closing of a First Significant Tranche of up to $125 Million Series A Financing Led by IMM Investment Global and Supported by Fondaction Read More »

Partnership Between Lithion Recycling and Girardin Bus for the Recycling of Electric School Buses Batteries

Anjou and Drummondville, QC, October 20, 2021 – Girardin, Quebec leader in the electrification of school bus transportation, is proud to announce that is has reached an agreement with Quebec-based company Lithion Recycling to recycle Girardin’s electric school bus batteries. The purpose of this agreement is to recover and recycle in a responsible and environmentally-friendly manner …

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Lithion Recycling and Call2Recycle Partner to Power Electric Vehicle Battery Logistics and Recycling

    Anjou, QC, October 19, 2021 – Innovators of a cost efficient and sustainable lithium-ion battery recycling technology, Lithion Recycling, Inc., and Call2Recycle, a North American leader in battery collection and recycling, are pleased to announce a signed Memorandum of Understanding (MOU) to collaborate on providing a turnkey full-service management solution for safe and efficient …

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$2M in Support for Lithion Recycling to Strengthen Quebec’s Expertise in Battery Recycling

          Pictures: Ministers Pierre Fitzgibbon and Benoit Charette visiting Lithion’s demo plant in Anjou this week with Lithion’s President and CEO Benoit Couture. Anjou, QC, October 15, 2021. — The Quebec Government is providing $2 million in additional financial support to Lithion Recycling to carry out feasibility, preliminary and detailed engineering studies for …

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Hyundai Canada and Lithion Recycling Announce Agreement on Recycling of Hybrid and Electric Vehicle Batteries

ANJOU, QC, March 11, 2021 – Today Hyundai Canada announced an agreement with Quebec-based Lithion Recycling on the recovery and recycling of high-voltage batteries from some of its Hybrid, Plug-in Hybrid and Electric vehicles, with the ultimate goal of increasing the sustainability of its electric vehicle production cycle. “Developing electric vehicles has been a priority of …

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