Spoke

Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore

Retrieved on: 
Monday, March 18, 2024
Natural Resources, Batteries, Environment, Alternative Energy, Energy, Technology, Green Technology, Mining, Minerals, EV, Manganese, Recycling, Committee, Partnership, Form, Webcast, PIK, Sale, Nickel, CPP, LON, Lithium carbonate, Engineering, Lithium, Spoke, Workforce, CTC, DOE, Cobalt, MHP

We also continue to work closely with the DOE on the conditional commitment for a loan of up to $375 million.

Key Points: 
  • We also continue to work closely with the DOE on the conditional commitment for a loan of up to $375 million.
  • This demonstrates Glencore’s continued endorsement of Li-Cycle’s Spoke & Hub model, patented recycling technology, and development plans for the Rochester Hub.
  • Glencore’s $75 million investment represents an interim step in Li-Cycle’s funding strategy to support the Company’s future plans.
  • The Glencore $75 million investment is expected to close on or about March 25, 2024, subject to customary closing conditions.

Li-Cycle Reports Full Year 2023 Results

Retrieved on: 
Friday, March 15, 2024
Technology, Other Technology, Research, Research and development, Growth, Policy, Recycling, Acquisition, Security (finance), MD, National instrument, Insurance, Net, Bank statement, Adjustment, Nickel, Ontario Securities Commission, Hub, Spoke, Depreciation, Interim, Cobalt, National Policy

The change resulted in a transition period of November 1, 2022 through December 31, 2022.

Key Points: 
  • The change resulted in a transition period of November 1, 2022 through December 31, 2022.
  • The Company has calculated the income statement for the year ended December 31, 2022 and has provided a comparison to the year ended December 31, 2023 below.
  • As of December 31, 2023, Li-Cycle had cash and cash equivalents on hand of $70.6 million.
  • Li-Cycle anticipates filing the Restated Interim Financial Reports and related MD&As on or before April 29, 2024.

Krispy Kreme Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024
Food, Beverage, Retail, International, Total, POA, Investment, Marketing, Spoke, Growth, Sale, ID, Insomnia Cookies, GAAP, Market development, Information technology, Webcast, Krispy Kreme, Public expenditure, EPS, Q&A, DFD, HERE, Depreciation, Video game

Krispy Kreme’s fourth quarter results reflect continued year-over-year growth as compared to the fourth quarter of 2022.

Key Points: 
  • Krispy Kreme’s fourth quarter results reflect continued year-over-year growth as compared to the fourth quarter of 2022.
  • Adjusted EBITDA in the quarter grew 14.7% to $64.1 million, with Adjusted EBITDA margins expanding 40 basis points to 14.2%.
  • Krispy Kreme’s full year results reflect continued growth, as net revenue grew 10.2% to $1.7 billion in 2023, compared to $1.5 billion in the prior year.
  • Krispy Kreme will host a public conference call at 8:30 AM Eastern Time today to discuss its results for the fourth quarter of 2023.

Around 150 US Tech Entrepreneurs, Investors and Talent Explored Vast Opportunities in Hong Kong I&T Ecosystem Through HKSTP Innovation Mixer Reception

Retrieved on: 
Tuesday, January 30, 2024
Stanford University, University, Heart, HKSTP, UC, Ali Baba, KONG, Fintech, Biotechnology, University of California, Berkeley, Hong Kong Science Park, AI, Government, Ecosystem, Spoke, News, I&T, Tenant, Finance, Robotics, Medtech, GBA, NVIDIA, Growth, Creative industries

With high engagement and huge interest generated, the event would contribute to HKSTP's mission in attracting global talent and investment to Hong Kong.

Key Points: 
  • With high engagement and huge interest generated, the event would contribute to HKSTP's mission in attracting global talent and investment to Hong Kong.
  • Around 150 US tech entrepreneur, investors and talent attended the “HKSTP Innovation Mixer - Make Your Mark in Hong Kong's Vibrant Tech Ecosystem” event to explore vast opportunities in Hong Kong’s I&T sector.
  • Following the visits to Southeast Asia last year, HKSTP continued its Innovation Mixer to connect the tech talent and enterprises in the US with vast opportunities in Hong Kong, the GBA and Asia.
  • Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 with a mission to position Hong Kong as an international innovation and technology (I&T) hub.

Around 150 US Tech Entrepreneurs, Investors and Talent Explored Vast Opportunities in Hong Kong I&T Ecosystem Through HKSTP Innovation Mixer Reception

Retrieved on: 
Friday, January 19, 2024
Stanford University, University, Heart, HKSTP, UC, Ali Baba, Fintech, Biotechnology, University of California, Berkeley, Hong Kong Science Park, AI, Government, Ecosystem, Spoke, I&T, Laboratory, Tenant, Robotics, Medtech, Tech, GBA, NVIDIA, Growth, Creative industries

With high engagement and huge interest generated, the event would contribute to HKSTP's mission in attracting global talent and investment to Hong Kong.

Key Points: 
  • With high engagement and huge interest generated, the event would contribute to HKSTP's mission in attracting global talent and investment to Hong Kong.
  • Around 150 US tech entrepreneur, investors and talent attended the "HKSTP Innovation Mixer - Make Your Mark in Hong Kong's Vibrant Tech Ecosystem" event to explore vast opportunities in Hong Kong's I&T sector.
  • Following the visits to Southeast Asia last year, HKSTP continued its Innovation Mixer to connect the tech talent and enterprises in the US with vast opportunities in Hong Kong, the GBA and Asia.
  • Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 with a mission to position Hong Kong as an international innovation and technology (I&T) hub.

End-of-Life Li-ion Battery Sustainability: Its Crucial Role Over the Coming Years

Retrieved on: 
Friday, December 8, 2023
Lithium, Aluminium, Iron, Battery, Research, Chemistry, Recycling, Metal, NCA, EVS, Literature, NMC, Workforce, Cobalt, Electronics, Collection, Copper, State, LCO, Zinc, RFB, LFP, Pyrometallurgy, OEM, Manganese, Spoke, LMT, Nickel, SOH, Software, Electric vehicle, Forecasting, Growth, Original equipment manufacturer, EV, Waste management, Failure, EOL, Environment, Electric battery, Extractive metallurgy

Once a Li-ion battery has reached the end of its first life, several options can be considered.

Key Points: 
  • Once a Li-ion battery has reached the end of its first life, several options can be considered.
  • This looks to maximize the value of the battery by using it in another less demanding application.
  • Recycling Li-ion batteries looks to recover valuable materials, which either form part of the cell or other components of the battery pack.
  • Nevertheless, both second-life Li-ion batteries and recycling are expected to play an important role in managing end-of-first-life Li-ion batteries over the coming years.

End-of-Life Li-ion Battery Sustainability: Its Crucial Role Over the Coming Years

Retrieved on: 
Friday, December 8, 2023
Lithium, Aluminium, Iron, Battery, Research, Chemistry, Recycling, Metal, NCA, EVS, Literature, NMC, Workforce, Cobalt, Electronics, Collection, Copper, State, LCO, Zinc, RFB, LFP, Pyrometallurgy, OEM, Manganese, Spoke, LMT, Nickel, SOH, Software, Electric vehicle, Forecasting, Growth, Original equipment manufacturer, EV, Waste management, Failure, EOL, Environment, Electric battery, Extractive metallurgy

Once a Li-ion battery has reached the end of its first life, several options can be considered.

Key Points: 
  • Once a Li-ion battery has reached the end of its first life, several options can be considered.
  • This looks to maximize the value of the battery by using it in another less demanding application.
  • Recycling Li-ion batteries looks to recover valuable materials, which either form part of the cell or other components of the battery pack.
  • Nevertheless, both second-life Li-ion batteries and recycling are expected to play an important role in managing end-of-first-life Li-ion batteries over the coming years.

Krispy Kreme Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023
Food, Beverage, Retail, Adjustment, QSR, Q&A, Sale, International, Shop, Public expenditure, Interest expense, EBITDA, E-commerce, Krispy Kreme, Market development, GAAP, Growth, EPS, ID, DFD, Spoke, Marketing, Webcast, Insomnia Cookies, Capital expenditure, Investment, Video game, Bookkeeping, Cryptocurrency, Financial services, Fast food, Hub

Krispy Kreme’s third quarter 2023 results reflect continued year-over-year growth as compared to the third quarter of 2022.

Key Points: 
  • Krispy Kreme’s third quarter 2023 results reflect continued year-over-year growth as compared to the third quarter of 2022.
  • It also excludes all Insomnia Cookies revenues as the measure is focused on the Krispy Kreme business.
  • Krispy Kreme will host a public conference call at 8:30 AM Eastern Time today to discuss its results for the third quarter of 2023.
  • To listen to the live audio webcast and Q&A, visit the Krispy Kreme investor relations website at investors.krispykreme.com.

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

Retrieved on: 
Friday, October 6, 2023
Environment, Technology, Environmental Policy, Environmental Issues, Sustainability, Alternative Energy, Green Technology, Energy, Batteries, Recycling, MP, Multimedia, NYSE, Spoke–hub distribution paradigm, Hub, PAETEC Holding Corp., Parliament, Spoke, Lithium, Cobalt, Nickel, Metal

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.

Li-Cycle Celebrates the Opening of One of the Largest Lithium-Ion Battery Recycling Facilities in Europe in Saxony-Anhalt, Germany

Retrieved on: 
Wednesday, September 27, 2023
Engineering, Other Energy, Manufacturing, Alternative Energy, Energy, Other Manufacturing, Climate, Spoke, Partnership, Multimedia, Recycling, PAETEC Holding Corp., Committee, Nickel, Pleasure, Glencore, Environment, Cobalt, NYSE, Lithium carbonate, Lithium, Renewable energy, Continent

View the full release here: https://www.businesswire.com/news/home/20230927626410/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230927626410/en/
    Ribbon cutting at Li-Cycle’s grand opening event at its Spoke recycling facility in Saxony-Anhalt, Germany.
  • Germany also represents the largest market for both battery manufacturing scrap and end-of-life lithium-ion batteries in Europe.
  • Our first Spoke in Europe is supporting our growing customer base in Germany, the largest battery market on the Continent.
  • The full-scale Phase 2 of the Portovesme Hub is expected to be one of the largest sources of sustainable recycled battery materials in Europe.