Li-Cycle Listed: Ontario battery recyclers files to go public on NYSE

Mississauga, Ontario – Li-Cycle is raising funds for global expansion by going public on the New York Stock Exchange (NYSE) in a deal that values the battery recycler at US$1.7 billion, the company announced Tuesday. The five-year-old private company has unveiled plans to merge with Peridot Acquisition Corp., an NYSE-listed special acquisition corporation (SPAC). If […]

NAATBatt Notes: Lithium-ion batteries are being reused, not scrapped

Toronto, Ontario –  While lithium-ion batteries have touted a bad rap for allegedly being tossed in landfills or poorly recycled, they actually boast some of the longest lifetimes and highest reuse rates, Hans Eric Melin, managing director of Circular Energy Storage said during a panel at NAATBatt International 2021. In most consumers’ minds, a vehicle […]