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Li-Cycle further expands commercial footprint in EU with gloabl EV OEM

Li-Cycle Holdings, a global lithium-ion battery resource recovery company, has partnered with an additional premium automotive original equipment manufacturer (“OEM”) to recycle lithium-ion battery materials at its Germany Spoke as it continues to broaden its commercial footprint in the EU.

This exclusive agreement channels feedstock from a facility producing electric vehicles within the EU to Li-Cycle’s Germany Spoke. This signifies yet another partnership with a global electric vehicle (EV) OEM.

At its Spokes, or pre-processing facilities, Li-Cycle recycles battery manufacturing scrap and end-of-life batteries to produce black mass, a powder-like substance which contains a number of valuable metals, including lithium, nickel and cobalt. At its future Hubs, or post-processing facilities, the company plans to process black mass to produce critical battery-grade materials, including lithium carbonate, for the lithium-ion battery supply chain.

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