Li-Cycle Holdings Corp. (LICY) Misses Q3 EPS by 4c

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Li-Cycle Reports Third Quarter 2022 Financial Results; Continuing Advancement of Spoke & Hub Network Strategy

September 14, 2022 6:00 AM EDT

Progressed construction at the Rochester Hub; on track to commence commissioning in stages in calendar 2023;
Completed Arizona Spoke optimization projects, with Spoke now nearing target throughput; extended the same improvements to the Alabama Spoke, with production expected to start towards the end of the fourth quarter;
Secured strategic sites for Norway and Germany Spokes, with equipment fabrication underway;
Updated FY2022 black mass production target to 3,500 to 3,800 tonnes, reflecting moderate delay in timing to enable Spoke optimization projects;... More