In the News

November 2, 2020

Battery recycling company Li-Cycle sees ‘tsunami’ of opportunity, eyes possible IPO to fund expansion

Original article published in The Globe and Mail

November 1, 2020 – Andrew Willis

Tim Johnston is pointing his cellphone camera into a plastic drum that is half full of what looks like moist top soil.

The co-founder of Li-Cycle Corp. is ending a virtual tour of his Kingston facility by showing off the product that emerges when he shreds, soaks and filters the lithium-ion batteries that once powered everything from iPhones and vape pens to Teslas. The plastic drum, the size of an oil barrel, contains a thick, wet mix of lithium, nickel, cobalt and copper, the raw material for new batteries. Mr. Johnston calls it “black mass.”

Read the full article in The Globe and Mail