No, because all LIT does is crush batteries & then send the black mass to Asia for processing.
Anybody can do that. I could do that in my backyard with a hammer. Dangerous, yes, but it could be done.
The real money is within the black mass, specifically in the ability to convert black mass into battery-grade chemicals that can be reused in more batteries. That's technology LIT doesn't possess.
Envirostream-Brochure-1.pdf
Battery Recycling | Livium
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1.1¢ |
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Mkt cap ! $17.75M | |||
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