Li-Cycle Holdings Corp.

Li-Cycle Holdings Corp.

Toronto-headquartered battery recycling company providing lithium-ion resource recovery services to support circular supply chains for critical battery materials.

Toronto, Canada
240+ employees
207 Queens Quay W, Suite 590, Toronto, ON M5J 1A7, Canada
Categories:
Recycling & Circular Materials
Electronic & Battery Materials

Business Profile

Capabilities, markets, and positioning.

ISIC Codes
3830382120112029
Business Model
service providerrecycler
Value Chain Role
service provider
Geographies Served
North America
Key Capabilities
lithium-ion battery recyclingmaterials recoverymechanical size reduction and separationhydrometallurgical refininglogistics coordinationsecure destructionsafe handling of charged batteries
Tags
battery recyclingcircular materialsresource recoveryblack masshydrometallurgyEV batteriesbattery scrapcritical minerals

About

Li-Cycle Holdings Corp. is a lithium-ion battery recycling and resource-recovery company founded in Canada and operating a “Spoke & Hub” model. Its Spoke facilities safely process batteries and manufacturing scrap of many formats and states of charge into “black mass” plus separated copper, aluminum and plastics streams, while Hub refining is intended to convert black mass into battery-grade chemicals for reuse in new batteries.

Operations

Li-Cycle targets closed-loop recycling for EVs, consumer electronics and energy-storage systems, including secure destruction for IP-sensitive materials and coordination of collection, compliant transport and processing.

Outputs

Recovered and produced materials include black mass, battery-grade lithium carbonate, nickel sulfate, cobalt sulfate and manganese carbonate (depending on Hub configuration), along with copper/aluminum fractions for downstream recyclers. As of 8 Aug 2025, Li-Cycle was acquired by Glencore and services are provided through Glencore Battery Recycling.

Activities & Offerings

Overview of activities and offerings.

Activities
Lithium-ion battery recycling and material recovery
Collection and logistics coordination for end-of-life batteries and scrap
Mechanical size-reduction/shredding and separation (Spoke processing)
Hydrometallurgical refining of black mass (Hub processing)
Secure destruction of IP-sensitive battery materials
Products
Black mass (battery material concentrate)
Mixed copper and aluminum fraction/foils
Copper product stream (recyclable metal)
Aluminum product stream (recyclable metal)
Plastics fraction (recyclable plastics stream)
Battery-grade lithium carbonate
Battery-grade nickel sulfate
Battery-grade cobalt sulfate
Manganese carbonate
Services
Recycling of lithium-ion batteries (all forms/sizes/conditions)
Recycling of battery manufacturing scrap
Safe handling of charged/undischarged batteries via submerged/mechanical processing
Battery collection program management and logistics partner coordination
Secure destruction and compliant disposal for sensitive materials
Sale/marketing of recovered materials streams to refiners and recyclers

Sources

Referenced sources for the listing.

IDLabelURLRetrievedNotes
src1Glencore – Li-Cycle (acquisition notice)https://www.glencore.com/what-we-do/recycling/li-cycle2026-01-26-
src2Li-Cycle presentation (Spoke converts batteries/scrap to black mass)https://batterytechexpo.fr/wp-content/uploads/2025/01/1415-LiCycle-LICY_Presentation-Battery-Tech-Expo-France.pdf2026-01-26-
src3Interview describing Hub outputs (Li carbonate, Ni/Co sulfates, Mn carbonate)https://icm.ch/interview-with-li-cycle2026-01-26-
src4Spoke outputs (plastics, copper/aluminum, black mass)https://www.innovationnewsnetwork.com/li-cycle-sustainable-lithium-ion-battery-recycling-technology/21097/2026-01-26-
src5Secure destruction and logistics management (profile)https://www.ciocoverage.com/li-cycle-lithium-ion-battery-recycling-resource-recovery/2026-01-26Describes logistics coordination and secure destruction offering
src6Fastmarkets on processing all forms and producing plastics/Al-Cu/black masshttps://www.fastmarkets.com/insights/li-cycle-partners-with-daimler-truck-north-america-for-ev-battery-recycling/2026-01-26-

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Edit history
Last edited January 26, 2026Edited by @kapoor1
January 26, 2026Edited by @kapoor1