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Home » Li-Cycle Stock Tumbles 40% After Battery Recycling Startup Pauses Factory Construction

Li-Cycle Stock Tumbles 40% After Battery Recycling Startup Pauses Factory Construction

    Shares of Li-Cycle Holdings are down more than 40% to about $1.30 after the battery recycling company said it is pausing construction on a facility in Rochester, N.Y., citing high costs. The turbulence could impact Li-Cycle's pending agreement with the Department of Energy for a [$375 million loan](https://www.

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