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Li-Cycle to Participate in Event Co-hosted by the US Department of Energy and the Cleantech Leaders Climate Forum

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Li-Cycle to participate in event co-hosted by the US department of energy and the cleantech leaders climate forum.

 Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, announce its participation in the inaugural Demonstrate Deploy Decarbonize (“Deploy23”) event in Washington, D.C, an invitation only event organized by the Cleantech Leaders Climate Forum in collaboration with the U.S. Department of Energy (“DOE”) and the DOE Loan Programs Office (“DOE LPO”).

Deploy23 will bring together a select group of senior leaders from various industries and sectors to accelerate momentum on the adoption of new clean energy and decarbonization technologies, deploying them at scale, and decarbonizing the U.S. economy.

Ajay Kochhar, Li-Cycle CEO and co-founder, will speak on the panel, “Building Momentum Working with Communities” to discuss how community partnerships are instrumental in ensuring that Li-Cycle’s Spoke & Hub Technologies™ are successfully deployed at scale and create mutually beneficial local relationships.

As announced previously, Li-Cycle is in the final stage of the DOE LPO process to close on a $375 million loan commitment through the DOE’s Advanced Technology Vehicles Manufacturing Program. This loan is intended to support the development of Li-Cycle’s flagship Rochester Hub refining facility in Rochester, New York. The Rochester Hub, which is on track to start commissioning later this year, is expected to be a leading source of battery-grade materials in North America.

For additional details about Deploy23, please visit: https://www.deploy23.org/Home. Recordings of the plenary sessions and other selected content from Deploy23 will be accessible to the public after the event.

About Li-Cycle Holdings Corp.

Li-Cycle (NYSE: LICY) 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.

Our Spoke & Hub Technologies™ are based on a hydrometallurgical process that provides an environmentally friendly and cost-effective alternative to pyrometallurgical processing and traditional mining methods.

At our Spokes, or pre-processing facilities, we 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.

At our Hubs, or post-processing facilities, we will process black mass to produce critical battery-grade materials, including lithium carbonate, nickel sulphate, and cobalt sulphate. For more information, visit https://li-cycle.com/.

READ the latest Batteries News shaping the battery market

Li-Cycle to Participate in Event Co-hosted by the U.S. Department of Energy and the Cleantech Leaders Climate Forum, Toronto, Ontario, September 26, 2023

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