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This company operates in the burgeoning lithium-ion battery recycling industry. It specializes in transforming spent lithium-ion batteries into critical raw materials essential for new battery production. Its proprietary technologies enable the recovery of valuable metals such as lithium, nickel, and cobalt. The company's core offering involves a two-stage process. The first stage, utilizing its Spoke� technology, processes battery materials into a preliminary product. This intermediate material is then sent to its Hubs, where the Hydro-Residue� process further refines it, producing high-purity battery-grade materials. This closed-loop approach aims to create a sustainable supply chain for electric vehicles and other battery-powered devices. Li-Cycle Holdings Corp. is positioning itself as a leader in a sector crucial for the transition to a circular economy and decarbonization efforts. Its services are in high demand as the volume of end-of-life lithium-ion batteries continues to grow.
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