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