Li-Cycle Holdings Corp. (LICY) Posts Q4 EPS of ($1.31)

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Go back to Li-Cycle Holdings Corp. (LICY) Posts Q4 EPS of ($1.31)

Li-Cycle Holdings Corp. Reports Financial Results for Fourth Quarter and Full Year 2021; Significant Progress in Advancing Spoke and Hub Network Strategy

January 27, 2022 6:15 AM EST

Mobilized to site for the Rochester Hub, with an upsized black mass processing capacity of 35,000 tonnes per annum; Equivalent to approximately 18 gigawatt (GWh) hours of lithium-ion batteries or 225,000 electric vehicles; Continued development of Spoke network with announcement of new location in Ohio co-located with Ultium Cells LLC, the joint venture between General Motors and LG Energy Solution; announcement of Li-Cycles first European Spoke in Norway, through a joint venture; Robust balance sheet with $596.9 million in cash, as of fiscal year end 2021; Received $100 million investment from Koch Strategic Platforms in the form of a... More