Glencore Plans to Build Europe’s Biggest Battery Recycling Plant

Glencore Plc is joining with Li-Cycle Holdings Corp. to build a European battery recycling plant, a key link in the supply chain for metals at the heart of the green-energy transition.

The two companies will study a plan to convert part of an old Glencore lead refinery in Sardinia into a plant recycling battery metals like lithium, nickel and cobalt, they said in a joint statement on Tuesday. The new facility — which could be commissioned by late 2026 or early 2027 — would have the capacity to process 50,000 to 70,000 tons a year of pre-treated scrap product known ...