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Nth Cycle signs 10-year, $1 billion offtake deal with Glencore

The partnership is centered on project SHIELD, Nth Cycle’s planned battery materials refining facility in South Carolina.

  • Nth Cycle signs 10-year, $1 billion off-take deal with Glencore
  • Agreement based on projected pricing from Q2 2026 for Project SHIELD
  • Nth Cycle to use 100% of black mass from Glencore's US assets

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