Lithium Batteries

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 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 »