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 that it has completed commercial agreements with LG Energy Solution, Ltd. (LGES; KRX: 373220) for the supply of manufacturing scrap for recycling and with each of LGES and LG Chem, Ltd. (“LGC”) for the sale of nickel sulphate from Li-Cycle’s Rochester Hub. With the execution of these agreements, LGC and LGES will now proceed to close the previously announced $50 million investment to purchase common shares (“Common Shares”) of Li-Cycle.
