Trafigura signs $1.1 billion offtake agreement with Nth Cycle for recycled lithium, nickel

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Critical metals refining company Nth Cycle has signed a $1.1 billion, 10-year agreement with Trafigura to provide 2,000 tonnes of contained nickel in MHP and 1,500 tonnes of lithium carbonate refined from 12,000 tonnes of black mass. It is the largest multi-metal commercial agreement between a recycled feedstock supplier and refiner of its kind.

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