Battery Recycle

LICY / Li-Cycle
Battery recycler Li-Cycle nears SPAC deal to go public

Li-Cycle Corp, a recycler of lithium-ion batteries, is nearing a deal to go public through a merger with blank-check acquisition company Peridot Acquisition Corp at a valuation of about $1.7 billion, according to people familiar with the matter.

The deal could be announced as early as Tuesday, the sources said, requesting anonymity ahead of an official announcement. It represents a bet on the growing market for recycling used batteries, as well on the rising demand for lithium-ion power sources for new technologies such as electric vehicles.

Founded in Toronto in 2016, Li-Cycle recycles end-of-life lithium-ion batteries that power products such as electric cars, medical equipment and smartphones. Its investors include Moore Strategic Ventures and CC Industries.

The volume of end-of-life batteries is expected to reach 1.2 million tons in 2025 and 3.5 million tons in 2030, according to market research firm IHS Markit.

Peridot is a special purpose acquisition company (SPAC) led by investment firm Carnelian Energy Capital Management. It raised $300 million in an initial public offering (IPO) on the New York Stock Exchange in September.

Source: https://www.reuters.com/article/us-lifecycle-m-a-peridot-acqsn-exclusive-idUSKBN2AF1VE

https://www.nanalyze.com/2021/10/li-cycle-stock-lithium-battery-recycling/

Governor Cuomo Announces Canadian Firm Li-Cycle to Build $175 Million Lithium-Ion Battery Recycling Hub in Monroe County

Governor Andrew M. Cuomo today announced that Li-Cycle Incorporated, a North America based lithium-ion battery resource recovery company, will further grow its operations in New York State. The company will invest over $175 million dollars in a lithium-ion battery recycling 'Hub' on a 15.4-acre parcel of land at Eastman Business Park (EBP). This is in addition to its Li-Cycle's first US 'Spoke' operation already located at the park in Monroe County. The company has committed to creating at least 100 new jobs at the Hub, in addition to the 23 who will be working at the Spoke facility. In January of 2020, Empire State Development announced that Li-Cycle would establish its first US-based facility in New York State in an effort to tap into the robust lithium-ion battery supply chain and ecosystem in Rochester, New York and the USA. Li-Cycle plans to begin construction on the Hub facility in 2021.

Source: https://www.governor.ny.gov/news/governor-cuomo-announces-canadian-firm-li-cycle-build-175-million-lithium-ion-battery-recycling

AMY.V / AMYZF
Through its patented RecycLiCo™ EV battery recycling technology and its work for the U.S. Department of Defense/Defense Logistics Agency investigating the production of Electrolytic Manganese Metal (EMM) from the Pentagon’s low-grade Wenden (Arizona) Stockpile, AMY is developing strategic sources for four U.S.-listed Critical Minerals: lithium, cobalt, manganese and aluminum.

Redwood Material
Tesla CTO 出去开了一家公司叫redwood material, 几乎完全回收锂电池

A Tesla Co-Founder Aims To Build an Entire U.S. Battery Industry

Redwood Materials, led by J.B. Straubel, is planning a massive new factory to move $25 billion of the battery supply chain from Asia to the U.S.

https://www.bloomberg.com/news/articles/2021-09-14/a-tesla-co-founder-aims-to-build-an-entire-u-s-battery-industry