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Li-Cycle closes $75 million strategic investment from Glencore

Li-Cycle Holdings Corp., a leading global lithium–ion battery resource recovery company, is pleased to announce that an affiliate of Glencore plc, a leading producer, recycler, and marketer of nickel and cobalt for the production of lithium–ion batteries, has completed its previously announced $75 million investment in Li-Cycle through the purchase …

Li-Cycle announces $75 Million strategic investment from Glencore

Li-Cycle Holdings Corp., a leading global lithium–ion battery resource recovery company, is pleased to announce that it has entered into an agreement (the “Note Purchase Agreement”) to issue a senior secured convertible note in an aggregate principal amount of $75 million (the “Note”) to an affiliate of Glencore plc, a …