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Li-Cycle Corp

Li-Cycle boosts lithium-ion battery recycling leadership ahead of merger plans

Fri, 05/21/2021 - 09:10 -- Paul Crompton
Lithium-ion battery recycler Li-Cycle Corp has appointed Carl DeLuca as general counsel and corporate secretary and Lauren Choate as VP of human resources.

Lithium-ion battery recycler Li-Cycle Corp has appointed Carl DeLuca as general counsel and corporate secretary and Lauren Choate as VP of human resources.

DeLuca (right) will lead the Canadian firm’s legal and regulatory functions in support of the company’s global expansion plans, while Choate (left) will lead human resources functions and oversee talent management and acquisition. 

Both executives will report directly to co-founder, president and chief executive officer, Ajay Kochhar.

Li-Cycle also announced that, on 30 April, the Ontario Superior Court of Justice had issued a final order approving the plan of arrangement under the Business Corporations Act (Ontario) in connection with the business combination agreement with Peridot Acquisition Corp. 

The closing of the Business Combination is expected in the second quarter of 2021 and remains subject to the approval of the shareholders of Peridot and the satisfaction or waiver of other customary closing conditions. 

Upon the closing of the Business Combination, the combined company will be named Li-Cycle Holdings Corp and will be listed on the New York Stock Exchange under the new ticker symbol, “LICY.”

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Recycler signs deal to produce black mass from used lithium-ion e-bus batteries

Fri, 01/22/2021 - 08:56 -- Paul Crompton

Lithium-ion battery recycling company Li-Cycle Corp has completed its battery recycling pilot plant where the Canadian produced black mass— a mixture of lithium, nickel, cobalt and copper— from used lithium-ion batteries.

The Canadian firm received 45 end-of-life lithium-ion battery modules from e-busses totalling 3,200 pounds from New Flyer Industries Canada and New Flyer of America— subsidiaries of bus manufacturer NFI Group— in Q4 of 2020.

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