Li-Cycle And Glencore Announce Global Strategic Partnership; Glencore To Make A $200 Million Investment In Li-Cycle
Amount Raised
$200 Million
Round Type
Venture
SwitzerlandManufacturingEnergyAgriculture and FarmingDescription
Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced a strategic partnership with Glencore plc (LON: GLEN) (“Glencore”), a leading provider of primary metals for the production of EV batteries. The strategic partnership will better serve the EV battery supply chain by providing customers with an integrated approach for their primary and recycled metal needs.
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