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Nth Cycle signs $1 billion lithium minerals offtake with Glencore

Metals refining startup Nth Cycle has signed a $1 billion offtake agreement to supply Glencore with lithium and other critical minerals extracted from recycled batteries, ahead of a planned public listing later this year.

GLEN

Metals refining startup Nth Cycle has signed a $1 billion offtake agreement to supply Glencore LSE:GLEN with lithium and other critical minerals recovered from recycled batteries, according to the company. The deal comes ahead of a planned public listing later this year.