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Li-Cycle Holdings Corp. is a Canada-based company that is engaged in the recycling of lithium-ion batteries. The Company provides customer-centric solutions for each of its customers’ battery recycling needs. It offers its customers a home for the secure destruction of materials containing intellectual property (IP)-sensitive design information, such as research and development (R&D) batteries and battery materials. Its Spoke & Hub Technologies use a combination of mechanical safe size reduction and hydrometallurgical resource recovery specifically designed for lithium-ion battery recycling. The Company's Spoke & Hub recycling and resource recovery process is designed at its Spokes, to process battery manufacturing scrap and end-of-life batteries to produce black mass and other intermediate products, and at its Hubs, to process black mass to produce critical battery materials, including nickel sulphate, cobalt sulfate, and lithium carbonate.
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