Li-Cycle pauses construction of its Rochester Hub due to increasing costs, stock falls more than 40%.
https://li-cycle.com/press-releases/li-cycle-announces-review-of-the-rochester-hub-project/
Neometals strategy, to license the technology and to offer to build the factory separately, with the backing of plant-builder SMS, seems to be the better one, I think.
However, I fear that some investors lost their faith in battery recycling for now and that could also negatively affect Neometals shareprice, I fear.
General Neometals related news, page-3807
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