Li-Cycle Recognized by S&P Global Platts for its Outstanding Performance and Achievements

Company Selected as 2021 S&P Global Platts Global Metals Awards Finalist

June 16, 2021

TORONTO, Ontario (June 16, 2021) – Li-Cycle Corp. (“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 been named a finalist in the S&P Global Platts Global Metals Awards, an annual program that recognizes exemplary accomplishments in 16 performance categories. Some 113 finalists have been selected from 21 countries for the ninth annual S&P Global Platts Global Metals Awards hosted by S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets.

Li-Cycle has been disrupting the lithium-ion battery industry utilizing its cutting edge Spoke & Hub Technologies™ to extract valuable materials from end-of-life lithium-ion batteries and battery production waste, recirculating them back into the global economics. Due to its impressive recent performance and achievements, S&P Global Platts has recognized the Company as a finalist in the Scrap and Recycling Category. This award recognizes metals recycling companies that have adapted and thrived in this constantly changing environment by positioning themselves to take advantage of new opportunities.

To view the list of finalists for the 2021 S&P Global Platts Global Metals Awards and for event and program updates visit: https://www.spglobal.com/platts/global-metals-awards/finalists. From the list of finalists, an independent panel of judges will select winners, which will be singled out for recognition later this fall, on October 14th. Each category’s winner will be chosen from its respective list of finalists, while the 2021 Metals Company of the Year winner will be chosen from the entire list of finalist companies.

About Li-Cycle

Li-Cycle is on a mission to leverage its innovative Spoke & Hub Technologies™ to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of critical battery materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications. The world needs improved technology and supply chain innovations to better manage battery manufacturing waste and end-of-life batteries and to meet the rapidly growing demand for critical and scarce battery-grade raw materials through a closed-loop solution. For more information, visit https://li-cycle.com/.

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