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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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”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce that it has been selected as a winner for the Bloomberg New Energy Finance (BNEF) Pioneers Award for 2023.

Li-Cycle Wins 2023 Bloomberg New Energy Finance Pioneers Award

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TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, and VinES Energy Solutions (“VinES”), are pleased to announce that they have signed a definitive agreement (the "Agreement") for a long-term recycling relationship.

VinES and Li-Cycle Announce Strategic, Long-Term Battery Recycling Agreement

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Li-Cycle Holdings Corp. (NYSE:LICY ) Q1 2023 Earnings Conference Call March 30, 2023 8:30 AM ET Company Participants Nahla Azmy - Head of Investor Relations Ajay Kochhar - President and Chief Executive Officer Tim Johnston - Executive Chairman Debbie Simpson - Chief Financial Officer Conference Call Participants Jeff Osborne - TD Cowen Greg Pendy - Chardan Capital Markets Evan Silverberg - Morgan Stanley Operator Good day, everyone, and welcome to today's Li-Cycle Business and Financial Transition Period Results Conference Call. At this time, all participants are in a listen-only mode.

Li-Cycle Holdings Corp. (LICY) Q1 2023 Earnings Call Transcript

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the “Company"), an industry leader in lithium-ion battery (LIB) resource recovery and the leading LIB recycler in North America, today announced financial and operating results for its two-month transition period ended December 31, 2022. Total revenues in the period increased to $5.9 million compared to $2.8 million in the corresponding period of 2021.

Li-Cycle Reports Operational and Financial Results for Two-Month Period Ended December 31, 2022

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, has signed a definitive agreement (“agreement”) for a global lithium-ion battery recycling partnership with the KION Group (“KION”), a leading global provider of industrial trucks and supply chain solutions.

Li-Cycle and KION Group Form Strategic Global Lithium-Ion Battery Recycling Partnership; Li-Cycle Announces New Spoke Development in France

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce the publication of its 2022 Interim Environmental, Social, and Governance (ESG) Report (the “2022 Interim ESG Report”).

Li-Cycle Releases Interim Environmental, Social and Governance (ESG) Report

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), will hold its 2023 annual general meeting of shareholders (the “Meeting”) on Thursday, April 27, 2023 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: www.virtualshareholdermeeting.com/LICY2023.

Li-Cycle to Host Annual Shareholders Meeting on Thursday, April 27, 2023 at 8:30 a.m. (ET)

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp.

Susan Alban Nominated to Join Li-Cycle Board of Directors

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (“Li-Cycle”or the “Company”) (NYSE: LICY), today announced that it plans to release its financial results for the two-month transition period ended December 31, 2022 prior to market open on Thursday, March 30, 2023. Management will review the results and business outlook during a conference call and audio-only webcast at 8:30 a.m. (Eastern Time) on the same day.

Li-Cycle to Host Earnings Conference Call/Webcast on Thursday, March 30, 2023 at 8:30 a.m. (Eastern Time) for Two-Month Transition Period Ended December 2022

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While I would still argue that the strategic plan looks correct performance seems less than hoped. Prices are moving against the company which is not a good sign.

I've Become Less Happy With Li-Cycle

(Kitco News) - The company's Rochester Hub is expected to become a significant domestic source of battery-grade materials, including lithium, nickel and cobalt, and will be the first-of-its-kind commercial facility in North America.

Li-Cycle receives conditional commitment for $375M loan from the US DoE

Investors of Li-Cycle (NYSE: LICY ) can celebrate some good news today — but there's a catch. LICY stock is moving higher because Li-Cycle expects to receive a loan from the Energy Department's Loan Programs Office.

Li-Cycle (LICY) Stock Gains 10% After Receiving Government Loan

The U.S. Energy Department on Monday said it will lend Li-Cycle Holdings Corp $375 million as it builds a battery recycling facility in New York set to become one of the country's largest sources of lithium by next year.

U.S. to loan Li-Cycle $375 million for New York recycling plant

The announcement comes as the U.S. races to develop domestic supply chains for materials critical to the energy transition.

Lithium-ion battery recycling company Li-Cycle scores $375 million conditional loan from Energy Department for Rochester plant

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce that Li-Cycle and the U.S. Department of Energy (“DOE”) Loan Programs Office (“LPO”), through its Advanced Technology Vehicles Manufacturing (“ATVM”) program, have entered into a conditional commitment for a $375 million loan (the “Loan”).

Li-Cycle Receives Conditional Commitment for $375 Million Loan from the U.S. Department of Energy ATVM Program

TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (“Li-Cycle”or the “Company”) (NYSE: LICY), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that it plans to hold an event on Monday, February 27, 2023 to announce significant news regarding its flagship Rochester Hub facility.

Li-Cycle to Host Event to Announce Significant News Related to its Rochester Hub on Monday, February 27, 2023

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TORONTO--( BUSINESS WIRE )--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that it has filed its audited financial statements, MD&A, CEO and CFO certifications and Annual Report on Form 20-F for the twelve months ended October 31, 2022 with applicable securities regulatory authorities. Li-Cycle's Annual Report on Form 20-F is also available on the Company's website, at www.li-cycle.com.

Li-Cycle Files Audited Financial Statements for FY2022

Li-Cycle Holdings Corp. (NYSE:LICY ) Q4 2022 Earnings Conference Call January 30, 2023 8:30 AM ET Company Participants Tim Johnston - Executive Chairman Ajay Kochar - President, Chief Executive Officer Debbie Simpson - Chief Financial Officer Nahla Azmy - Head of Investor Relations Conference Call Participants PJ Juvekar - Citi Jeff Rossetti - Cowen Evan Silverberg - Morgan Stanley Brian Dobson - Chardan Capital Markets Operator Good day everyone. My name is Todd and I will be your conference Operator today.

Li-Cycle Holdings (LICY) Q4 2022 Earnings Call Transcript

Li-Cycle Holdings Corp. (LICY) delivered earnings and revenue surprises of -5.56% and 63.11%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Li-Cycle Holdings Corp. (LICY) Reports Q4 Loss, Lags Revenue Estimates

TORONTO--( BUSINESS WIRE )-- Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the “Company"), an industry leader in lithium-ion battery resource recovery and the leading LIB recycler in North America, today announced financial and operating results for its fourth quarter and year ended October 31, 2022. For the fourth quarter and year 2022, revenues were $3.0 million and $13.4 million, respectively, compared to $4.4 million and $7.3 million in the corresponding periods of 2021.

News for Li-Cycle Holdings Corp Stock (LICY)