Lithion Recycling is a start-up. It doesn't have significant revenues and must make major investments before it can be successful. It's an integrated lithium-ion battery recycling technology. Investments are being made in two phases. One plant has already been built, and the next project is worth $1 billion. The company's financial health is therefore assessed periodically. Successive funding is needed to achieve the objective.
On September 23rd, 2024. See this statement in context.