Triple Threat: Li-Cycle plans third battery recycling facility in North America
Phoenix, Arizona — Canadian startup Li-Cycle Corp. plans a third battery-recycling facility in North America, doubling its capacity in the region as the global electric-vehicle boom gathers momentum. The centre, to be located near Phoenix, will be capable of processing up to 10,000 metric tons of end-of-life batteries and battery-manufacturing scrap per year, said Li-Cycle; […]
Li-Cycle Listed: Ontario battery recyclers files to go public on NYSE
Mississauga, Ontario – Li-Cycle is raising funds for global expansion by going public on the New York Stock Exchange (NYSE) in a deal that values the battery recycler at US$1.7 billion, the company announced Tuesday. The five-year-old private company has unveiled plans to merge with Peridot Acquisition Corp., an NYSE-listed special acquisition corporation (SPAC). If […]