Signals of Strength: Auto recycling sector’s pandemic power attracts investment, say consultants

Toronto, Ontario ⁠— As an essential business amid COVID-19, the strength of the North American automotive recycling sector has been thoroughly demonstrated⁠—and investors are taking note. During the first of the Ontario Automotive Recyclers Association’s (OARA) virtual training series, guest speakers Rob Rainwater, Mike Kunkel and Lee Worman from Profit Team Consulting discussed the various lessons […]

OARA Online: Organization to host weekly training series starting next week

Toronto, Ontario — As we charge through the second-straight March without the regularly-scheduled Ontario Automotive Recyclers Association’s (OARA) Convention and Trade Show, the organization has unveiled some exciting virtual training opportunities, with festivities kicking off next Thursday, March 25. The OARA Virtual Training Series will bring industry experts to your desktop (or phone or iPad) […]

Closed Circuit: Hyundai partners with Quebec-based Lithion for battery recycling

Markham, Ontario — Like the person who puts the tongs back on the plate at the buffet, Hyundai Canada is striving to make the EV industry better than when they arrived by partnering with Quebec-based Lithion Recycling to handle the automaker’s battery recycling program. This move by Hyundai attempts to complete a more sustainable production […]

Mastering Masses: First Cobalt to study ‘black mass’ material from recycled batteries

Toronto, Ontario ⁠—  First Cobalt has begun a study of “black mass” material from recycled batteries as a supplemental source of feed for its hydrometallurgical refinery north of Toronto.   The company said it believes the refinery could recover cobalt, nickel, copper, and potentially lithium and manganese—in addition to planned cobalt production from primary feed. Discussions […]

Palladium Prowlers: Catalytic converter thefts again on the rise from coast to coast

Ottawa, Ontario ⁠— Catalytic converter thefts are again on the rise across Canada, with authorities reporting strings of crimes in New Brunswick, Ontario and Manitoba in recent weeks. The thieves target the exhaust system part for its precious metal components, which include rhodium, palladium and platinum⁠—rarities that can be sold on the black market for […]

Fixin’ for Festivities: URG announces new dates for 2021 Training Conference

Dallas, Texas — The United Recyclers Group (URG) 2021 Training Conference has been moved to August 5 through August 7, the company announced Feb. 22. “The dates may have changed, but it is still the premier event of the year for the auto recycling industry,” said DJ Harrington in URG’s announcement video. “Same great speakers, […]

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 […]