Li-Cycle recognized for technology that recovers 95 percent of critical materials in lithium-ion batteries
Company named finalist for Circular Economy Project of the Year, CEO as Leader of the Year, by BusinessGreen Leaders
Li-Cycle, the lithium-ion battery resource recovery specialist company, has been named as a finalist for the Circular Economy Project of the Year, and its Co-Founder, President and CEO, Ajay Kochhar has been named as a finalist for Leader of the Year, in the 10th annual BusinessGreen Leaders Awards.
Li-Cycle has developed and validated their Hub-and-Spoke technologies - a unique and sustainable process that allows for the recovery of 95 percent of all critical materials found in lithium-ion batteries, including lithium, cobalt and nickel.
"We are honoured to be recognized by the BusinessGreen Leaders Awards for the achievements of our talented team and supportive partners," said Ajay Kochhar. "As rechargeable lithium-ion batteries continue to electrify our world in all parts of life, Li-Cycle is proud to play a critical role to leading the transformation of lithium-ion batteries into a circular and sustainable product, thereby minimizing their environmental impact."
Launched in 2011, the BusinessGreen Leaders Awards 2020 received a record number of entries. The BusinessGreen Leaders Awards are UK's most prestigious green business awards and they provide a platform for the most innovative, important and inspirational organizations to mark the start of this decade by showcasing their era-defining work.
The live virtual ceremony in October 2020 will feature documentary shorts, profiles of some of the industries and companies, interactive competitions, and speeches and interviews from some of the winners of the evening.
