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<blockquote data-quote="Weather Man" data-source="post: 16607006" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3681643-li-cycle-to-build-new-lithium-ion-battery-recycling-facility-in-arizona" target="_blank">Li-Cycle to build new lithium-ion battery recycling facility in Arizona</a></p><ul> <li data-xf-list-type="ul">Li-Cycle (LICY) to build its third commercial lithium-ion battery recycling facility, to be located in Gilbert, <a href="https://seekingalpha.com/pr/18270567-li-cycle-to-build-new-lithium-ion-battery-recycling-facility-in-arizona" target="_blank">Arizona, within the Phoenix metropolitan area</a>.</li> <li data-xf-list-type="ul">When complete, Li-Cycle’s “Spoke 3” facility will be capable of processing up to 10,000 tonnes of end-of-life batteries and battery manufacturing scrap per year, bringing Li-Cycle’s total recycling capacity to 20,000 tonnes per year.</li> <li data-xf-list-type="ul">"Once completed, our newest Spoke facility will add significant recycling capacity to Li-Cycle, strategically expanding the geographic footprint of our closed-loop solution for recycling lithium-ion battery materials,” said Tim Johnston, Co-Founder and Executive Chairman of Li-Cycle. “Our Arizona Spoke will have two 5,000 tonne processing lines, effectively doubling our total recycling capacity in North America. It will also be engineered to directly process full electric vehicle packs without any dismantling. Spoke 3 will mark another important milestone as we continue to execute on our global growth plans and scale our sustainable, safe and innovative Spoke & Hub Technologies™.”</li> <li data-xf-list-type="ul">On February 16, Li-Cycle announced to go public via business combination with Peridot Acquisition (NYSE:<a href="https://seekingalpha.com/symbol/PDAC" target="_blank">PDAC</a>). Transaction is expected to complete in <a href="https://seekingalpha.com/pr/18192785-li-cycle-north-america-s-largest-lithium-ion-battery-resource-recycling-company-to-list-on" target="_blank">second quarter of 2021</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16607006, member: 137766"] [URL='https://seekingalpha.com/news/3681643-li-cycle-to-build-new-lithium-ion-battery-recycling-facility-in-arizona']Li-Cycle to build new lithium-ion battery recycling facility in Arizona[/URL] [LIST] [*]Li-Cycle (LICY) to build its third commercial lithium-ion battery recycling facility, to be located in Gilbert, [URL='https://seekingalpha.com/pr/18270567-li-cycle-to-build-new-lithium-ion-battery-recycling-facility-in-arizona']Arizona, within the Phoenix metropolitan area[/URL]. [*]When complete, Li-Cycle’s “Spoke 3” facility will be capable of processing up to 10,000 tonnes of end-of-life batteries and battery manufacturing scrap per year, bringing Li-Cycle’s total recycling capacity to 20,000 tonnes per year. [*]"Once completed, our newest Spoke facility will add significant recycling capacity to Li-Cycle, strategically expanding the geographic footprint of our closed-loop solution for recycling lithium-ion battery materials,” said Tim Johnston, Co-Founder and Executive Chairman of Li-Cycle. “Our Arizona Spoke will have two 5,000 tonne processing lines, effectively doubling our total recycling capacity in North America. It will also be engineered to directly process full electric vehicle packs without any dismantling. Spoke 3 will mark another important milestone as we continue to execute on our global growth plans and scale our sustainable, safe and innovative Spoke & Hub Technologies™.” [*]On February 16, Li-Cycle announced to go public via business combination with Peridot Acquisition (NYSE:[URL='https://seekingalpha.com/symbol/PDAC']PDAC[/URL]). Transaction is expected to complete in [URL='https://seekingalpha.com/pr/18192785-li-cycle-north-america-s-largest-lithium-ion-battery-resource-recycling-company-to-list-on']second quarter of 2021[/URL]. [/LIST] [/QUOTE]
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