Li-Cycle Holdings Overview
Li-Cycle Holdings is a leading global lithium-ion battery resource recovery company and North America’s largest pure-play lithium-ion battery recycler, with a rapidly growing presence across Europe. Established in 2016, and with major customers and partners around the world, Li-Cycle is on a mission to recover critical battery-grade materials to create a domestic closed-loop battery supply chain for a clean energy future. The Company leverages its innovative, sustainable, and patent-protected Spoke & Hub Technologies™ to provide a safe, scalable, customer-centric solution to recycle all different types of lithium-ion batteries. The company recycle battery manufacturing scrap and end-of-life batteries to produce black mass, a powder-like substance which contains a number of valuable metals, including lithium, nickel, and cobalt.
Strategy
Li-Cycle Holdings focuses on sustainable lithium-ion battery recycling, addressing the environmental impact of battery disposal. Their key strategy involves leveraging advanced technologies to efficiently recover valuable materials from batteries, contributing to a circular economy. Through strategic partnerships and global expansion, Li-Cycle aims to position itself as a leader in the rapidly growing battery recycling industry.
