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A US battery recycler lands a massive $1.1B metals refining deal

By Electrek · 2026-03-16
A US battery recycler lands a massive $1.1B metals refining deal
US recycler Nth Cycle secured a $1.1 billion, ten‑year supply pact with commodities giant Trafigura, the biggest domestic metals‑refining contract to date. The deal promises to flood the U.S. market with recycled lithium‑ion battery metals, bolstering the clean‑energy supply chain and cutting reliance on overseas sources. Analysts view it as a catalyst for scaling recycling infrastructure ahead of the EV boom.

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