Li-Cycle

About Li-Cycle

Li-Cycle is a leading global lithium-ion battery resource recovery company that specializes in recycling all types of lithium-ion batteries. The company's unique technology allows it to process entire electric vehicle (EV) battery packs without the need for disassembly or discharge. This technology boasts an impressive recovery rate of up to 95%, returning critical materials back into the supply chain.

Li-Cycle's services are not limited to just EV batteries. The company can also safely receive and recycle all forms of lithium-ion batteries, regardless of their state of charge, as well as any type of battery manufacturing scrap. This includes damaged, defective, or recalled batteries.

The company operates in the growing market of battery recycling, serving clients from various industries that use lithium-ion batteries, including the electric vehicle industry. The business model is based on providing a solution to the growing problem of battery waste, turning it into a valuable resource.

Li-Cycle generates revenue by selling the recovered materials, such as battery-grade lithium carbonate, back into the supply chain. These high-quality end products are expected to be produced at Li-Cycle's Hubs.

The company is publicly traded on the NYSE under the ticker LICY and regularly reports its financial results, providing transparency to its shareholders and potential investors. Recently, Li-Cycle has engaged Moelis to evaluate financing and strategic alternatives, indicating potential growth and expansion strategies.