Environment solution: New metals refinery for nickel and cobalt opens in Ohio [Yahoo! Finance]
Li-Cycle Holdings Corp. (LICY)
Company Research
Source: Yahoo! Finance
The resulting metals will be used in new batteries and other clean energy markets. Extracting metals out of old material avoids the environmental damage of open pit mining and prevents the metals from ending up in the landfill. Many see this as the future, even if it takes decades to become reality. Climate change is largely caused by burning dirty fuels for two broad purposes: to make electricity and to move vehicles. Batteries can substitute for both much of the time, but this changeover is still in its infancy and the need for more minerals is great. The metals refining company Nth Cycle builds systems that yield nickel and cobalt from a form of shredded lithium ion batteries and nickel scrap from electric vehicles and consumer electronics. There are a growing number of companies, including Redwood Materials and Li-Cycle, that are expanding the young U.S. battery recycling industry. Currently, even when battery materials are collected for recycling in the U.S., they're most
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LICY
News
- Li-Cycle Holdings Corp. (NYSE: LICY) had its price target raised by analysts at UBS Group AG from $2.00 to $2.25. They now have a "neutral" rating on the stock.MarketBeat
- Toronto Pearson Announces Departure of Chief Financial Officer J'Maine Chubb [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Toronto Pearson Announces Departure of Chief Financial Officer J'Maine Chubb [Yahoo! Finance]Yahoo! Finance
- Li-Cycle Holdings Corp (LICY) Q3 2024 Earnings Call Highlights: Revenue Surge and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Li-Cycle Reports Third Quarter 2024 Operational and Financial Results, Including Strong Revenue Growth and Lower Costs [Yahoo! Finance]Yahoo! Finance
LICY
Analyst Actions
- 11/18/24 - UBS
LICY
Sec Filings
- 11/7/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- LICY's page on the SEC website