Industry Value Chain
Cover and introductionp.1
IndustryOverviewp.5
IndustryNotable Eventsp.7
IndustryIndustry Value Chainp.21
IndustryFinancep.50
IndustryCostsp.68
IndustryCell & Pack Manufacturingp.83
IndustryApplicationsp.127
IndustryApplications: EVp.130
IndustryApplications: Stationary Energy Storagep.182
IndustryApplications: Data Centersp.233
IndustryApplications: Aviation, Drones, Spacep.243
IndustryApplications: Roboticsp.256
IndustryApplications: Otherp.264
IndustrySafetyp.266
IndustryCell Design and Materialsp.282
IndustryCell Design and Materials: Li-Ionp.297
IndustryCell Design and Materials: Lithium Sulfurp.360
IndustryCell Design and Materials: Solid-Statep.367
IndustryCell Design and Materials: Sodium-Ionp.387
IndustryCell Design and Materials: Alternative Chemistriesp.397
IndustrySupply Chain: Upstream and Midstreamp.419
IndustrySupply Chain: Recycling & Secondary Marketsp.439
IndustrySoftware / AIp.455
ChinaOverviewp.486
ChinaHistoryp.489
ChinaPolicy Landscapep.498
ChinaTalent & Ecosystem Maturityp.505
ChinaCapitalp.510
ChinaSupply Chainp.518
ChinaTechnology Innovationp.536
AcademiaOverviewp.552
AcademiaResearch Trendsp.555
AcademiaSeminal Literaturep.560
AcademiaFundamentalsp.571
AcademiaLithium-Ionp.575
AcademiaSolid State Batteriesp.594
AcademiaBattery Degradation and Performancep.605
AcademiaNew / Alternative Chemistriesp.618
AcademiaFast Charging & Extreme Fast Chargingp.630
AcademiaArtificial Intelligence and Machine Learningp.632
AcademiaBattery Management System (BMS)p.638
AcademiaRecyclingp.642
AcademiaBattery Safetyp.649
TalentOverviewp.653
TalentWorkforce Landscapep.657
TalentEmerging Trendsp.662
TalentPolicy & Immigrationp.668
TalentCompensation & Benefitsp.675
TalentIndustry Sentimentp.680
TalentSkills & Training Gapsp.687
TalentEducational Developmentp.692
TalentWorkforce Researchp.698
TalentAccess & Advancementp.702
PolicyNorth Americap.706
PolicyEuropep.724
PolicyAsiap.731
PolicyLegalp.737
CommunityConferencesp.755
PredictionsThe Next 12 Monthsp.760
Closing pagesp.762
Industry Value Chain
Page 46 of 768Directory profiles (4)
Organizations mentioned or cited on this 2025 report page. A historical mention does not establish current products, availability or endorsement.
Sources and links on page 46 (10)
Links embedded in the original report PDF, including citations and other references. These destinations have not been independently reviewed. Links open in a new tab.
- https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LICY_2021.pdf
- https://teq.capital/de/research/li-cycle-research/
- https://www.annualreports.com/HostedData/AnnualReports/PDF/NYSE_LICY_2024.pdf
- https://www.wastedive.com/news/glencore-completes-takeover-of-li-cycle-battery-recycling-assets/757199/
- https://teq.capital/de/posts/912eaae2-li-cycle-erhlt-vorlufige-finanzierungszusage-durch-us-energieministerium/
- https://www.recyclingtoday.com/news/li-cycle-reports-2024-financials/
- https://www.recyclingtoday.com/news/li-cycle-seeking-buyers-for-business-or-assets/
- https://www.recyclingtoday.com/news/glencore-makes-li-cycle-purchase-official/
- https://www.sec.gov/Archives/edgar/data/1828811/000119312525122542/d892872d8k.htm
- https://www.glencore.com/what-we-do/recycling/li-cycle
Text on page 46
Li-Cycle: Ups & Down of a Dream Start & Early Growth 2016: Founded in Ontario, Canada, by engineers Ajay Kochhar and Tim Johnston1,2. Hydrometallurgical processing method with IP-protected Spoke & Hub TechnologiesTM 1. 2021: A $100 million investment from Spring Creek Capital3. 2021: Public on the New York Stock Exchange via a SPAC merger2.
Expansion
Hindrances
2022: Rochester Hub Construction in New York2,4.
Escalating costs paused construction at the Rochester Hub3.
2022: strategic partnership with LG Energy Solution and LG Chem, involving a $50 million investment and a long-term offtake agreement3. 2022: investment by Glencore of $200 million via an unsecured convertible note3. 2022- 2023: Operational commence of some Spokes3,4. 2023: conditional $375 million loan commitment from DOE to support the Rochester Hub5.
Source: [1] | [2] | [3] | [4] | [5] | [6] | [7] | [8] | [9] | [10]
Cash Preservation Plan3. A $75 million emergency investment by Glencore6. DOE loan increase to $475 million7. delisted from the NYSE and transitioned to the OTCQX Best Market4,8.
Restructuring (2025) Formation of an independent directors’ committee to assess financial and strategic options, including potential sale to a longtime investor7. Filed for creditor protection under the Companies’ Creditors Arrangement Act (CCAA) in Canada and Chapter 15 bankruptcy in the United States9. Glencore entered a "stalking horse" credit bid of $40 million for a significant portion of the company’s assets9. Li-Cycle, now Glencore Battery Recycling (“GBR”), has been acquired by Glencore Plc10.
Extracted from the PDF; charts and images may read imperfectly.