Li-Cycle

01/27/2025

Li-Cycle’s President & CEO Ajay Kochhar provides his take on the “Unleashing American Energy” Executive Order, which we believe includes a range of positive takeaways with respect to critical minerals – for which battery recycling or “urban mining” is an important domestic source of production.

The U.S. needs power, and investing in domestic battery supply chains is essential to advancing America’s national security and energy independence goals. Li-Cycle’s planned Rochester Hub project can play a key role in bolstering the U.S. domestic battery supply chain by producing critical battery materials, like lithium carbonate, which are sourced from batteries that power the lives of Americans today.

Li-Cycle press release for more details: https://li-cycle.com/press-releases/li-cycle-provides-perspectives-on-the-unleashing-american-energy-executive-order/

01/08/2025

11/11/2024

November 11th is Remembrance Day, a day to honor the courage, sacrifice, and dedication of those who served to protect our freedom.

Let us all take a moment to offer our deepest gratitude for their service and reflect on the values they fought to uphold.

Lest we forget.

11/08/2024

Li-Cycle is pleased to announce its Q3 2024 operational and financial results, including strong revenue growth and lower costs

“We believe the completion of the DOE loan agreement and the continued support from partners like Glencore are strong endorsements of our technology, business model, and the key role that Li-Cycle will play to support the shift to electrification. We also thank the DOE for their continued support and are grateful for the bipartisan support for lithium-ion battery recycling and how it can underpin the development of a strong domestic battery supply chain.” said Ajay Kochhar, Li-Cycle's President & CEO.

Notable takeaways from Li-Cycle’s Q3 results include:

• Closed upsized $475-million loan facility with U.S. Department of Energy to support development of our Rochester Hub project
• Completed Rochester Hub technical review under the proposed mixed hydroxide precipitate (MHP) scope
• Established a commercial framework with Glencore for Rochester Hub products
• Reported higher revenue, reduced costs and increased black mass production year-over-year

Complete details in our Q3 results press release: https://li-cycle.com/press-releases/li-cycle-reports-third-quarter-2024-operational-and-financial-results-including-strong-revenue-growth-and-lower-costs/

11/07/2024

We are excited to announce that Li-Cycle has closed an upsized $475 million loan facility with the U.S. Department of Energy (DOE) to support development of the Rochester Hub project.

The $475 million loan amount represents an increase of $100 million over the original conditional commitment. It is also the first DOE loan facility to be finalized for a lithium-ion battery materials recycling company, which further demonstrates Li-Cycle’s important role in the U.S. battery materials supply chain as a domestic supplier of recycled critical battery materials.

Check out the full press release below for more information.

https://li-cycle.com/press-releases/li-cycle-closes-upsized-475-million-loan-facility-with-u-s-department-of-energy-to-support-development-of-the-rochester-hub-project/

07/25/2024

A key aspect of our business model involves diverting end-of-life and discarded battery materials from landfills through our Spoke & Hub Technologies™.

In 2023, we diverted 8,202 tonnes of materials from landfill, including more than 1,000 tonnes of scrap metal and 2,700 tonnes of shredded metal by-products.

To view Li-Cycle’s 2023 Sustainability Report, follow the link:https://li-cycle.com/wp-content/uploads/2024/05/2023-Li-Cycle-Sustainability-Report.pdf

07/25/2024

We are proud to share that 0% of our Scope 1 emissions in 2023 resulted from our recycling process. Our Spoke technology is designed to be a clean, zero-combustion process that avoids direct GHG emissions.

Find out how Li-Cycle is working to curb emissions and our environmental footprint in our 2023 Sustainability Report.

https://li-cycle.com/wp-content/uploads/2024/05/2023-Li-Cycle-Sustainability-Report.pdf

07/08/2024

At Li-Cycle, we foster a diverse and inclusive work environment. To show our ongoing commitment to diversity, inclusion, and equity, the Nominating and Corporate Governance Committee of Li-Cycle's Board of Directors set a goal of achieving 30% gender diversity on the Board, which was successfully met in 2023.

Including diverse and experienced Directors has strengthened the Board's independence, expertise, and gender diversity while aligning with our goal of creating an inclusive and representative governance structure.

To learn more about our initiatives, check out our 2023 Sustainability Report: https://lnkd.in/gaRfkKUy

06/14/2024

We prioritize the health and safety of our people above all else, striving for a zero-harm workplace across Li-Cycle. The health and safety principles of Li-Cycle and its operational partners are centered around providing safe and healthy working conditions with a focus on prevention of work-related injuries and illnesses.

Through Li-Cycle’s Blue Shift initiative, where our Spokes identify operational and safety improvements, we have implemented 240 safety-related improvements across our North American Spoke network.

To learn more about our initiatives, check out our 2023 Sustainability Report:https://li-cycle.com/wp-content/uploads/2024/05/2023-Li-Cycle-Sustainability-Report.pdf

06/06/2024

At Li-Cycle, we prioritize the health and safety of our people above all else, striving for a zero-harm environment across all our operations. Since the company’s inception, we have incurred zero critical safety, environmental and community incidents.

Learn how Li-Cycle is dedicated to providing secure and healthy work environments, proactively working to prevent injuries and illnesses in the workplace in our 2023 Sustainability Report.

https://li-cycle.com/wp-content/uploads/2024/05/2023-Li-Cycle-Sustainability-Report.pdf

06/05/2024

On World Environment Day, we celebrate the beauty and importance of our planet and reflect on our impacts. This year's theme is , and it's an opportunity for all of us to consider how to minimize our footprint on the planet and renew our commitment to sustainable practices. Let us all take a moment to reflect on our consumption and find ways to reduce, reuse, and recycle, creating a healthier and more sustainable world for future generations.

At Li-Cycle, we're committed to building a safe and sustainable recycling solution for lithium-ion batteries to help support the global transition to electrification.

To learn more about our initiatives, check out our 2023 Sustainability Report:https://li-cycle.com/wp-content/uploads/2024/05/2023-Li-Cycle-Sustainability-Report.pdf

06/03/2024

Did you know that Li-Cycle’s first European Spoke, located in Saxony-Anhalt, Germany, is powered through 100% renewable energy?

The electricity procured from renewable energy includes wind and solar power, hydropower, energy from biomass, and geothermal energy, all of which were fed into the electricity grid. This resulted in a carbon-neutral Scope 2 carbon footprint of electricity at our Germany Spoke.

For more fun facts about how Li-Cycle is finding creative business solutions that support the transition to a net-zero economy, take a look at our 2023 Sustainability Report.

https://li-cycle.com/wp-content/uploads/2024/05/2023-Li-Cycle-Sustainability-Report.pdf