Spoke–hub distribution paradigm

Deputy Prime Minister Chrystia Freeland Visits Li-Cycle’s Battery Recycling Facility in Ontario

Retrieved on: 
Friday, October 6, 2023

Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, was pleased to host Chrystia Freeland, Canada’s Deputy Prime Minister and Minister of Finance, and Mark Gerretsen, Member of Parliament for Kingston and the Islands, yesterday at the Company’s lithium-ion battery recycling facility located in Kingston, Ontario.

Key Points: 
  • Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, was pleased to host Chrystia Freeland, Canada’s Deputy Prime Minister and Minister of Finance, and Mark Gerretsen, Member of Parliament for Kingston and the Islands, yesterday at the Company’s lithium-ion battery recycling facility located in Kingston, Ontario.
  • View the full release here: https://www.businesswire.com/news/home/20231006426754/en/
    Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland (left), Li-Cycle co-founder and CEO Ajay Kochhar (middle), and Member of Parliament Mark Gerretsen (right) tour Li-Cycle's lithium-ion battery recycling facility in Kingston, Ontario.
  • They also discussed the Company’s patented Spoke & Hub recycling technologies and the important role sustainable recycling plays in creating a circular battery supply chain.
  • “We are honoured to have hosted Canada’s Deputy Prime Minister Chrystia Freeland and MP Mark Gerretsen at our Ontario Spoke facility to showcase our safe, sustainable, and efficient lithium-ion battery recycling technology,” said Ajay Kochhar, co-founder and CEO of Li-Cycle.

Zayed Sustainability Prize Announces 33 Finalists Advancing Global Sustainability Initiatives

Retrieved on: 
Tuesday, September 12, 2023

The Zayed Sustainability Prize, the UAE’s pioneering global sustainability and humanitarian award, has announced this year's finalists following a deliberation by its esteemed Jury.

Key Points: 
  • The Zayed Sustainability Prize, the UAE’s pioneering global sustainability and humanitarian award, has announced this year's finalists following a deliberation by its esteemed Jury.
  • The Zayed Sustainability Prize’s Jury elected the 33 finalists from 5,213 entries received across six categories: Health, Food, Energy, Water, Climate Action and Global High Schools – a 15% increase in submissions compared to last year.
  • “The Zayed Sustainability Prize carries forward the enduring legacy of UAE's visionary leader, Sheikh Zayed, whose commitment to sustainability and humanitarianism continues to inspire us.
  • The Global High Schools’ finalists presented project-based, student-led sustainability solutions, with finalists divided into 6 regions.

Li-Cycle’s CEO and Co-founder Ajay Kochhar Provides Expert Insights on Electronic Waste & Battery Recycling Solutions Before the U.S. Senate Committee on Environment and Public Works

Retrieved on: 
Thursday, July 27, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230727531947/en/
    Li-Cycle’s CEO and co-founder Ajay Kochhar was invited to provide expert testimony on electronic waste and battery recycling solutions before the U.S. Senate Committee on Environment and Public Works on July 26, 2023.
  • Li-Cycle was founded to create localized, closed-loop supply chains for battery materials to support the sustainable transition to electrification.
  • Battery manufacturing scrap and how it is magnified by the clean energy transition, which further enhances the need for environmentally friendly recycling solutions.
  • The landscape for the broader recycling industry and how the demand for post-processing and resource recovery will outstrip capacity in North America for some time.

You Can't Market Sustainability for EV's Without Recycling the Batteries - Snapshot of Some of the Players

Retrieved on: 
Thursday, July 20, 2023

Continued: "Lithium-ion battery recycling is a crucial process that aims to recover valuable materials from used batteries, minimize environmental impact, and conserve resources.

Key Points: 
  • Continued: "Lithium-ion battery recycling is a crucial process that aims to recover valuable materials from used batteries, minimize environmental impact, and conserve resources.
  • With the increasing use of lithium-ion batteries in electric vehicles, portable electronics, and renewable energy storage systems, recycling has become essential."
  • From the news: The collaboration between KULR and Cirba Solutions is an exclusive nationwide program for consumer lithium-ion batteries focused on sustainability, for responsible and compliant recycling in the United States.
  • Recycling these batteries not only reduces the demand for new mining operations but also preserves natural resources."

Li-Cycle and EVE Energy Launch Battery Recycling Collaboration

Retrieved on: 
Tuesday, July 11, 2023

Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, and EVE Energy Co., Ltd. (“EVE” or “EVE Energy”), a leading lithium-ion battery technology company, are pleased to announce that they have signed a memorandum or understanding (“MOU”) to collaborate and explore lithium-ion battery recycling solutions for EVE battery materials.

Key Points: 
  • Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, and EVE Energy Co., Ltd. (“EVE” or “EVE Energy”), a leading lithium-ion battery technology company, are pleased to announce that they have signed a memorandum or understanding (“MOU”) to collaborate and explore lithium-ion battery recycling solutions for EVE battery materials.
  • View the full release here: https://www.businesswire.com/news/home/20230711949671/en/
    Tim Johnston, Li-Cycle co-founder and Executive Chair, and Jianhua Liu, EVE Energy co-founder and CEO, at the signing ceremony for a memorandum of understanding to collaborate and explore lithium-ion battery recycling solutions for EVE battery materials.
  • (Photo: Business Wire)
    The MOU includes a framework to explore global sustainable recycling solutions for EVE lithium-ion battery materials in the North American market, as well as battery manufacturing scrap generated at EVE’s planned lithium-ion battery cell manufacturing facilities in Malaysia and Hungary.
  • “EVE Energy places great importance on expanding our presence in global markets,” said Mr. Jianhua Liu, co-founder and CEO of EVE Energy.

Li-Cycle Joins the United Nations Global Compact Initiative

Retrieved on: 
Thursday, June 1, 2023

The Company’s participation in the UNGC is a formal expression of Li-Cycle’s commitment to uphold the highest standards relating to these principles.

Key Points: 
  • The Company’s participation in the UNGC is a formal expression of Li-Cycle’s commitment to uphold the highest standards relating to these principles.
  • “Joining the UNGC further demonstrates Li-Cycle’s unwavering commitment to operating as a responsible and sustainable global clean technology company.
  • Through our active participation in this initiative, Li-Cycle aims to contribute to the collective efforts in creating a more inclusive, ethical, and cleaner world.
  • For more information about this initiative, please visit the Company’s profile on the UNGC website and learn more about how Li-Cycle is making a positive impact on the global business environment by promoting sustainability and ethics.

U.S. Secretary of Energy Jennifer Granholm and U.S. Senator Mark Kelly Visit Li-Cycle’s Lithium-Ion Battery Recycling Facility in Arizona

Retrieved on: 
Wednesday, May 24, 2023

Senator, Mark Kelly, at the Company’s lithium-ion battery recycling facility located in Gilbert, Arizona.

Key Points: 
  • Senator, Mark Kelly, at the Company’s lithium-ion battery recycling facility located in Gilbert, Arizona.
  • View the full release here: https://www.businesswire.com/news/home/20230523006075/en/
    Left to right: Christopher Moon, Li-Cycle’s Arizona Spoke Plant Manager, Ajay Kochhar, Li-Cycle’s CEO and co-founder, Secretary Jennifer Granholm, U.S. Department of Energy, and Mark Kelly, U.S.
  • Senator of Arizona, gather at Li-Cycle's lithium-ion battery recycling facility in Gilbert, Arizona, observing a collection of consumer batteries prepared for recycling.
  • Li-Cycle’s Arizona Spoke utilizes technology to directly process full electric vehicle (EV) batteries and energy storage batteries.

6clicks Evolves Hub & Spoke Management and Single Pane of Glass Visibility for Latest GRC Challenges

Retrieved on: 
Thursday, April 27, 2023

MELBOURNE, Australia, April 27, 2023 /PRNewswire/ -- 6clicks, the GRC innovators, today announced the latest release of its comprehensive GRC platform with an evolution of its Hub & Spoke management design, enabling completely customizable balance between centralization and decentralization of risk and compliance. The flexibility enables the creation and administration of universal policies, audits, controls and risk and issue libraries, along with decentralized ones for specific geographies, divisions or clients, in the case of advisors or MSPs. It provides the necessary federation of GRC combined with needed localization to support cybersecurity, ESG, taxation, regulatory compliance and enterprise risk management use cases. The advancements significantly reduce the workload of risk and compliance professionals by upwards of 70%.

Key Points: 
  • It provides the necessary federation of GRC combined with needed localization to support cybersecurity, ESG, taxation, regulatory compliance and enterprise risk management use cases.
  • Older GRC systems buckle under these challenges, requiring extensive workarounds," said Anthony Stevens, Chief Executive Officer, 6clicks.
  • Each Spoke in 6clicks includes a full-blown GRC capability to be used by a single team – perhaps the IT function, a division, a country's operation, a client or a project team.
  • The enhanced 6clicks Trust Portal capability is available across all Hub & Spoke deployments again, providing controlled autonomy at the spoke level with the connected tissue to the Hub.

Li-Cycle to Appoint Diane Pearse to Board of Directors

Retrieved on: 
Tuesday, April 18, 2023

The Board will then be comprised of nine directors, of whom two-thirds will be independent and one-third will be women.

Key Points: 
  • The Board will then be comprised of nine directors, of whom two-thirds will be independent and one-third will be women.
  • Ms. Pearse is expected to be appointed to the Company’s Audit Committee and Heath, Safety, Environment & Sustainability Committee.
  • “We are excited to welcome Diane to the Board,” said Tim Johnston, Li-Cycle’s co-founder and Executive Chair.
  • Ms. Pearse was included in Crain’s 2019 Notable Women Executives over 50 and in Women Inc. Magazine’s 2019 Most Influential Corporate Directors.

Li-Cycle Wins 2023 Bloomberg New Energy Finance Pioneers Award

Retrieved on: 
Monday, April 17, 2023

Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce that it has been selected as a winner for the Bloomberg New Energy Finance (BNEF) Pioneers Award for 2023.

Key Points: 
  • Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce that it has been selected as a winner for the Bloomberg New Energy Finance (BNEF) Pioneers Award for 2023.
  • Li-Cycle was recognized in the ‘Sustainable Metals and Materials for an Electrified Future’ category of the BNEF Pioneers Award for its patented and proven commercial Spoke & Hub Technologies™.
  • "We are honoured to be selected as a 2023 BNEF Pioneers award winner,” said Li-Cycle’s co-founder and CEO, Ajay Kochhar.
  • “This prestigious award recognizes Li-Cycle’s innovative and sustainable recycling technologies, which are playing a critical role in accelerating global decarbonization.