Nth Cycle opens a nickel-cobalt recycling refinery in Fairfield, Ohio, with a $7.2M grant under the Inflation Reduction Act.

A new metals refinery has opened in Fairfield, Ohio, operated by Nth Cycle, to recycle nickel and cobalt from battery manufacturing scrap. This facility aims to provide sustainable sources for these essential metals, reducing reliance on environmentally harmful mining. As demand for nickel for electric vehicles surged by 30% in 2023, the refinery is pivotal for the U.S. battery supply chain, supported by a $7.2 million grant under the Inflation Reduction Act.

September 07, 2024
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