Li-Cycle Holdings Corp

Li-Cycle Holdings Corp. engages in lithium-ion battery resource recovery and lithium-ion battery recycling in North America. The company was founded by Ajay Kochhar and Timothy Johnston in 2016 and is headquartered in Toronto, Canada.

Earnings data Q3 2021

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Li-Cycle reports robust Q4 performance, eyes lithium market opportunities

Li-Cycle's Q4 2022 earnings call showcased strong performance, financial resilience, and strategic advancements, positioning the company for continued success in the battery recycling industry.
Despite challenges in managing operations and market dynamics, the company's focus on innovation, partnerships, and value extraction from black mass sets a solid foundation for future growth.
By leveraging its strengths, addressing challenges, and seizing opportunities in the market, Li-Cycle remains optimistic about its growth prospects and long-term sustainability in the industry.

Li-Cycle reports robust Q1 performance, poised for market leadership

Li-Cycle Holdings Corp (LICY) delivered a strong performance in Q1 2023, showcasing strategic achievements, financial strength, and a clear growth trajectory in the battery materials sector.
Despite facing challenges in operational efficiency and network optimization, the company's solid partnerships, financial resilience, and strategic focus position it well for future growth and market leadership.
With a focus on seizing growth opportunities, enhancing operational efficiency, and leveraging industry partnerships, Li-Cycle is poised to capitalize on market trends, drive innovation, and deliver sustainable value to stakeholders.

Li-Cycle reports robust Q2 results, secures DOE loan, eyes global expansion

Li-Cycle's Q2 performance reflects strong operational progress, revenue growth, and strategic advancements in hub construction and partnerships.
Despite challenges such as tax credit uncertainty and operational complexities, the company's strengths in financing, partnerships, and sustainable technology position it for future success.
Opportunities for expansion, market leadership, and innovation in sustainable battery recycling underscore Li-Cycle's growth potential and strategic positioning in the industry.
Overall, Li-Cycle's focus on sustainable technology, strategic partnerships, and operational efficiency aligns with its goal to become a top global producer of battery-grade materials.

Li-Cycle pauses Rochester Hub construction due to cost challenges

Li-Cycle Holdings Corp faced challenges in Q3 2023 with escalating costs at the Rochester Hub project, leading to a budget increase and a pause in construction. The company is actively managing liquidity, exploring funding options, and engaging with strategic partners for financing commitments. Despite these challenges, Li-Cycle remains committed to its long-term vision of creating a sustainable battery supply chain for clean energy.

Li-Cycle reports robust Q4 earnings, secures DOE loan for growth

Li-Cycle Holdings Corp (LICY) showcased strong financial performance, strategic partnerships, and prudent financial management in Q4 2023.
While facing challenges such as construction pauses and market uncertainties, the company is well-positioned to capitalize on growth opportunities.
Engagement with the DOE for potential funding and focus on industry demand trends highlight Li-Cycle's commitment to sustainable growth and innovation.
Management's proactive approach to addressing challenges and seizing opportunities underscores the company's resilience and strategic vision.

Li-Cycle reports strong Q1 earnings, secures investments for growth

Li-Cycle's Q1 2024 earnings call showcased strong financial performance, sustainability achievements, and strategic advancements. While facing challenges in cost management and operational processes, the company is well-positioned to capitalize on opportunities in the EV battery recycling market.

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TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, is pleased to announce that it has entered into an agreement with Glencore Ltd. (“Glencore”) covering the off-take of 100% of the MHP to be produced at its Rochester Hub. By amending and restating certain of its existing commercial agreements with Glencore and Traxys North America LLC (“Traxys”), the Company has established the commercial.

Li-Cycle and Glencore Establish Commercial Framework for Rochester Hub Products

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, announced today that the Audit Committee of the Company's Board of Directors (the “Board”) has unanimously approved the selection of Marcum Canada LLP (“Marcum”) as the Company's independent registered public accounting firm that will serve as its independent auditor and the Board has approved that the appointment of Marcum be put forward.

Li-Cycle Selects Marcum Canada LLP as its New Independent Auditor

Li-Cycle Holdings Corp. (NYSE:LICY ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Louie Diaz - Vice President, Investor Relations Ajay Kochhar - President and Chief Executive Officer Craig Cunningham - Chief Financial Officer Conference Call Participants Doug Paul - LPL Financial Matthew O'Keefe - Cantor Fitzgerald Operator Good day. My name is Ashley, and I will be your conference operator today.

Li-Cycle Holdings Corp. (LICY) Q2 2024 Earnings Call Transcript

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the “Company"), a leading global lithium-ion battery resource recovery company, today announced financial results and business updates for its second quarter ended June 30, 2024. “During the second quarter of 2024, we continued to work closely with the U.S. Department of Energy on key technical, financial and legal workstreams to advance towards reaching an agreement on definitive financing documentation, execution th.

Li-Cycle Reports Second Quarter 2024 Operational and Financial Results, Including Record Quarterly Revenue

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced plans to release its financial results and provide a business update for its second quarter ended June 30, 2024 before market open on Thursday, August 8, 2024. Second Quarter 2024 Earnings Call Details Investors may listen to the conference call live via audio-only webcast or through the following dial-in numbers: Domestic:.

Li-Cycle to Host Second Quarter 2024 Earnings Conference Call/Webcast on Thursday, August 8, 2024 at 8:30 a.m. (Eastern Time)

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, is pleased to announce that it has appointed Craig Cunningham to the role of Chief Financial Officer (CFO), effective July 20, 2024. Mr. Cunningham has served as Li-Cycle's interim CFO since March 2024. Mr. Cunningham brings nearly two decades of experience in accounting, finance, operations and capital markets, along with a strong backgro.

Li-Cycle Appoints Craig Cunningham as Chief Financial Officer

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3 Lithium Stocks to Buy on the Dip: June 2024

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced that its previously announced consolidation (the “Share Consolidation”) of all of its issued and outstanding common shares (“Shares”) at a ratio of eight (8) pre-consolidation Shares for one (1) post-consolidation Share became effective today. The Company expects the Shares to begin trading on a post-consolidation basis on.

Li-Cycle Completes Share Consolidation

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, is proud to support Daimler Truck North America (DTNA) on its goal to integrate a comprehensive circular economy approach across its operations to reduce its carbon footprint. Li-Cycle and DTNA have a partnership to recycle lithium-ion batteries from DTNA electric vehicles that reach the end of their life cycle. Recycling lithium-ion batte.

Li-Cycle Partners with Daimler Truck North America on Recycling Lithium-ion Batteries

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced updates from the Company's Annual General and Special Meeting of Shareholders held on May 23, 2024 (the “AGM”). Voting results of items of business at the AGM included the election of each of the Li-Cycle director nominees; the approval of the share consolidation resolution, described further below; the approval of the comp.

Li-Cycle Provides Update on Annual General and Special Meeting Results

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, is pleased to announce the publication of its 2023 Sustainability Report. Building on Li-Cycle's inaugural 2022 Interim Environmental, Social, and Governance (ESG) Report, the Company's 2023 Sustainability Report provides a look back at the progress the Company has made over the past year and offers enhanced details of its ESG performance.

Li-Cycle Publishes 2023 Sustainability Report

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, is pleased to announce that its CEO and co-founder, Ajay Kochhar, will participate in TD Cowen's 2nd Annual Sustainability Week conference on Wednesday, May 22, 2024. Mr. Kochhar will participate in a fireside chat at 3:05 p.m. ET. About Li-Cycle Holdings Corp. Li-Cycle (NYSE: LICY) is a leading global lithium-ion battery resource recovery.

Li-Cycle to Participate in TD Cowen's Sustainability Week Conference

Li-Cycle Holdings Corp. (NYSE:LICY ) Q1 2024 Earnings Conference Call May 10, 2024 8:30 AM ET Company Participants Louie Diaz - Vice President of Corporate Affairs Ajay Kochhar - Co-Founder, President and Chief Executive Officer Craig Cunningham - Interim Chief Financial Officer Conference Call Participants Jeffrey Rossetti - TD Cowen Brian Dobson - Chardan Capital Markets Matthew O'Keefe - Cantor Fitzgerald Operator Good day. My name is Madison, and I will be your conference operator today.

Li-Cycle Holdings Corp. (LICY) Q1 2024 Earnings Call Transcript

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the “Company"), a leading global lithium-ion battery resource recovery company, today announced financial results and business updates for its first quarter ended March 31, 2024. “During the first quarter of 2024, we advanced our comprehensive review of the Rochester Hub go-forward plan and continue to work closely with the U.S. Department of Energy on key technical, financial, and legal workstreams to advance toward.

Li-Cycle Reports First Quarter 2024 Operational and Financial Results

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced plans to release its financial results and provide a business update for its first quarter ended March 31, 2024 before market open on Friday, May 10, 2024. First Quarter 2024 Earnings Call Details Investors may listen to the conference call live via audio-only webcast or through the following dial-in numbers: Domestic: 1 (8.

Li-Cycle to Host First Quarter 2024 Earnings Conference Call/Webcast on Friday, May 10, 2024 at 8:30 a.m. (Eastern Time)

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QuantumScape

The battery sector is fascinating for investors as producers, recyclers, and developers look to capitalize on the growing demand for batteries. Since the popularity stems from the demand for lithium batteries used in electric vehicles (EVs), the surges and falls of battery stock prices reflect worldwide consumer interest in EVs quite well.

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TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, will hold its 2024 annual general and special meeting of shareholders (the “Meeting”) on Thursday, May 23, 2024 at 8:30 a.m. (Eastern Time) in a virtual format, via live audio webcast. All interested parties are invited to attend the Meeting by using the live webcast link here: http://www.virtualshareholdermeeting.com/LICY2024. Only regist.

Li-Cycle to Host Annual General and Special Meeting of Shareholders on Thursday, May 23, 2024 at 8:30 a.m. (ET)

Li-Cycle LICY, +9.51% will cut about 17% of its global workforce and reshuffle its leadership after a review of operations to conserve cash.

Li-Cycle to cut 17% of its workforce, reshuffle leadership

Battery recycler Li-Cycle plans to lay off 17% of its staff - including three senior executives - as it pares its ambitious global growth plans in order to save cash and focus on building a crucial processing facility in New York.

Li-Cycle to cut 17% of staff amid battery recycling growing pains

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today provided a business update regarding its organizational structure. As part of its previously disclosed ongoing comprehensive review and Cash Preservation Plan, which includes organizational right-sizing and right-shaping, the Company has made the strategic decision to transition from its regional management structure to a centralized.

Li-Cycle Provides Organizational Structure Update

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, is pleased to announce that an affiliate of Glencore plc (LON: GLEN) (“Glencore”), a leading producer, recycler, and marketer of nickel and cobalt for the production of lithium-ion batteries, has completed its previously announced $75 million investment in Li-Cycle through the purchase of a senior secured convertible note (the “Note”). Aja.

Li-Cycle Closes $75 Million Strategic Investment from Glencore

Li-Cycle Holdings Corp. (LICY) Q4 2023 Earnings Call Transcript

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the “Company"), a leading global lithium-ion battery resource recovery company, today provided a business update. “Since embarking on our comprehensive review, we are pleased to report significant progress, including improving our current liquidity position and conducting an internal technical review of the Rochester Hub. We recently announced $75 million of strategic financing from Glencore to enhance our liquidity p.

Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the “Company"), a leading global lithium-ion battery resource recovery company, today announced financial results for its fiscal year ended December 31, 2023. Webcast and Conference Call Information On Tuesday, March 19, 2024, at 8:15 a.m. Eastern Time, Company management will host a webcast and conference call to provide a business update including a review of these results. The related presentation materials for the.

Li-Cycle Reports Full Year 2023 Results

Glencore PLC

Li-Cycle Holdings, the battery recycling firm, saw shares soar 36% higher after it revealed it secured a US$75 million investment through a convertible note from mining and commodities giant Glencore. Glencore PLC (LSE:GLEN) initially agreed to a US$200 million investment into Li-Cycle back in 2022, when it purchased a first convertible note.

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