Northvolt Divests Final Stake in Recycling Joint Venture to Norsk Hydro

In a significant move within the battery manufacturing and recycling sector, Northvolt has concluded the sale of its remaining stake in the lithium-ion battery recycling joint venture to Norsk Hydro, a leading player in the renewable energy space. This transaction marks a pivotal moment in the evolving landscape of battery recycling, a critical aspect as the automotive and energy industries increasingly pivot towards sustainability.

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