Li-Cycle Holdings Corp. engages in the lithium-ion battery resource recovery and lithium-ion battery recycling business. The company offers a mix of cathode and anode battery materials, including lithium, nickel, and cobalt, as well as graphite, copper, and aluminum; and copper and aluminum metals. It also provides lithium carbonate, cobalt sulphate, nickel sulphate, and manganese carbonate. The company is based in Mississauga, Ontario.
IPO Year: 2021
Exchange: NYSE
Website: li-cycle.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/16/2023 | Buy → Neutral | UBS | |
11/16/2023 | Buy → Neutral | Chardan Capital Markets | |
10/23/2023 | Outperform → Market Perform | TD Cowen | |
5/4/2023 | Buy | Cantor Fitzgerald | |
1/25/2023 | $7.00 → $4.00 | Equal-Weight → Underweight | Morgan Stanley |
9/20/2022 | $10.00 | Overweight | Piper Sandler |
2/10/2022 | $10.00 | Overweight → Equal-Weight | Morgan Stanley |
1/13/2022 | $17.00 → $18.00 | Buy | Chardan Capital |
11/23/2021 | $17.00 | Buy | Chardan Capital Markets |
11/12/2021 | $18.00 | Overweight | Piper Sandler |
UBS downgraded Li-Cycle from Buy to Neutral
Chardan Capital Markets downgraded Li-Cycle from Buy to Neutral
TD Cowen downgraded Li-Cycle from Outperform to Market Perform
Cantor Fitzgerald initiated coverage of Li-Cycle with a rating of Buy
Morgan Stanley downgraded Li-Cycle from Equal-Weight to Underweight and set a new price target of $4.00 from $7.00 previously
Piper Sandler resumed coverage of Li-Cycle with a rating of Overweight and set a new price target of $10.00
Morgan Stanley downgraded Li-Cycle from Overweight to Equal-Weight and set a new price target of $10.00
Chardan Capital reiterated coverage of Li-Cycle Holdings with a rating of Buy and set a new price target of $18.00 from $17.00 previously
Chardan Capital Markets initiated coverage of Li-Cycle with a rating of Buy and set a new price target of $17.00
Piper Sandler initiated coverage of Li-Cycle with a rating of Overweight and set a new price target of $18.00
Company expects to start trading on OTCQX under the symbol "LICYF" on February 27, 2025 following suspension of trading on the NYSE OTCQX to provide Li-Cycle efficient access to U.S. capital markets while reducing costs and streamlining market requirements Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced that its common shares have been approved to trade on the OTCQX® Best Market, and that it expects its common shares to commence trading on OTCQX under the symbol "LICYF" on February 27, 2025, when it expects to be eligible for quotation. "Moving to OTCQX is expected to reduce our costs wh
Li-Cycle recycled battery feedstock from U.S. BESS partners in 2024 that was the equivalent to more than 100 MWh, a 33% increase over the previous year BESS plays a central role in meeting rapidly growing electricity demand, including supporting growing data center-related energy demand for artificial intelligence (AI) technologies Li-Cycle is an important ecosystem partner for BESS through providing a safe recycling solution and recovering critical materials, enabling reduced reliance on foreign mineral supplies Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, is pleased to partner with major battery en
Exclusive recycling agreement with an additional leading, global electric vehicle manufacturer provides further feedstock from another EU country for the Company's Germany Spoke Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, is pleased to announce it 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 signifi
Agreement focuses on the supply of lithium-ion battery manufacturing scrap to Li-Cycle's Germany Spoke Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, is pleased to partner with a major auto original equipment manufacturer ("OEM") to recycle lithium-ion battery manufacturing scrap at its Germany Spoke. This exclusive agreement is with a high-performance, luxury vehicle OEM and is focused on supplying Li-Cycle's Germany Spoke with feedstock originating from within Germany. "We are excited to continue strengthening our partnerships with leading global EV OEMs," said Ajay Kochhar, Li-Cycle President and CE
Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today expressed its support for key elements in the recently issued Executive Order titled "Unleashing American Energy" that U.S. President Donald Trump signed on January 20, 2025. This comprehensive policy shift, aimed at enhancing domestic energy production and strengthening the U.S. energy landscape, aligns with Li-Cycle's mission to establish ‘urban mining' for domestic battery resources and to bolster U.S. energy independence. Support for Enhanced Domestic Resource Development The Executive Order emphasizes the importance of utilizing America's abundant
Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced the closing of its previously announced underwritten public offering in the United States (the "Offering"). Gross proceeds to the Company were approximately $15 million before deducting for offering expenses payable by the Company, including underwriting fees and expenses. The Offering consisted of 5,000,000 units (the "Units") and 10,000,000 pre-funded units ("Pre-Funded Units"). Each Unit consists of: (i) one common share, without par value, of the Company ("Common Share"), (ii) one Series A Warrant to purchase one Common Share ("Series A War
Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced the pricing of its previously announced underwritten public offering in the United States (the "Offering"), with gross proceeds to the Company expected to be approximately $15 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Offering is expected to close on or about January 16, 2025, subject to the satisfaction of customary closing conditions. The Offering consists of 15,000,000 units ("Units") (or pre-funded units ("Pre-Funded Units") in lieu thereof). Each Unit
Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced that it has commenced an underwritten public offering in the United States (the "Offering") to offer and sell units consisting of (i) common shares (or pre-funded warrants in lieu thereof) and (ii) warrants to purchase common shares. In addition, the Company expects to grant Aegis Capital Corp. a 45-day option to purchase additional common shares and/or warrants representing up to 15% of the total common shares and up to 15% of the total warrants sold in the Offering solely to cover over-allotments, if any. The Company intends to use the net
Company's largest source of battery feedstock during 2024 was a U.S.-headquartered, vertically integrated electric vehicle ("EV") and battery manufacturer with a substantial global EV market share Continued focus on securing a full financing package for the Rochester Hub and optimizing Spoke performance Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, is pleased to report preliminary commercial and operational highlights for full-year 2024. Commercial Highlights Li-Cycle continued to gain commercial traction in 2024, bolstering its position as a preferred lithium-ion battery recycling partner. Its larg
Li-Cycle and Glencore resume their collaboration to assess the technical and economic viability of a new Hub facility in Portovesme, Italy, including a concept and pre-feasibility study Study expected to be led and funded by Glencore, with Li-Cycle providing technical support Project expected to leverage Li-Cycle's patented Spoke & Hub Technologies™ and utilize parts of Glencore's existing Portovesme facility With closing of the $475 million loan facility with U.S. Department of Energy ("DOE"), the first tranche of Glencore's unsecured convertible notes will be automatically modified on December 9, 2024, in accordance with its terms Li-Cycle continues to prioritize securing a comple
4 - Li-Cycle Holdings Corp. (0001828811) (Issuer)