Industry Rallies After Ransomware Attack: Recovery, resilience and lessons learned
Toronto, Ontario — In recent days, the automotive recycling industry faced a significant challenge: a ransomware attack that disrupted operations across multiple systems and vendors. While the exact cause is still being determined, early indications suggest the attack may have been perpetrated through a vendor’s support software installed on some yards’ servers. The investigation […]
Cyber Invasion: 300 auto recyclers victims in ransomware attack
Toronto, Ontario — Businesses across North America are reeling after a serious cyber attack threatened the data of 300 auto recycling businesses, including at least four based in Canada. The attack, which occured on the evening of August 6, targeted businesses using SimpleHelp, a program that allows remote access to computer facilities. Those businesses that […]
Restructuring Successful: Glencore acquiring Li-Cycle
Toronto, Ontario — On August 8, 2025, Swiss mining and commodities firm Glencore announced it is acquiring the Toronto-based lithium-ion battery recycler Li-Cycle. The purchase gives Glencore control over Li-Cycle’s four North American spoke facilities in the United States and Ontario, its hub project in Rochester, New York, the company’s intellectual property, and its spoke […]
