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Li-Cycle Technology

A globally preeminent lithium-ion battery resource recovery technology

October 2020
  • /

Li-Cycle Technology by LI-CYCLE CORP. implemented by Glencore in Toronto (Canada) in 2024

The strategic partnership aims to enhance the EV battery supply chain by offering customers a comprehensive solution for their primary and recycled metal requirements.

Li-Cycle Technology

A globally preeminent lithium-ion battery resource recovery technology

  • World Alliance Member
  • Featured Solution
  • Labelled Solution
Label Date October 2, 2020
From Canada
Maturity stage TRL 9 / CRI 3-4 - Commercial Scale Up / Multiple commercial Applications

Traditionally, when li-ion batteries have reached the end of life, they have predominantly been treated as waste and landfilled, or partially recycled through pyro-metallurgical processes, which have average recovery rates of 40%. However, these methods are inefficient and can lead to environmental contamination, safety hazards at general recycling plants and otherwise dampen the environmentally friendly vision of electrification. Li-Cycle Technology™ aims at recycling all types of lithium-ion batteries used in electronic devices, electric vehicles and energy storage. It can do so with an unparalleled recovery rate of over 95% of all materials. The company’s industry-leading processing technologies uniquely position it to be a key player in supporting the growing international movement towards zero-carbon technologies and the creation of a circular economy for lithium-ion batteries.

The Environmental Benefits

  • 74% reduction in CO2 emission
  • 92% reduction in Sulphur Oxide emissions
  • 92% reduction in Nitrogen Oxide emissions
  • The technology recovers over 95% of all materials found in lithium-ion batteries
  • Currently operating with a capacity of 2,500 tonnes/year, at 5000tonnes/year in Q3 2020

The Financial Benefits

  • Lower cost for recycled batteries

Benefits

Activity Region

  • Headquarters
  • Activity

Company Profile

LI-CYCLE CORP.

Li-Cycle is an industry leader in lithium-ion battery recycling and resource recovery

Headquarters Mississauga, ON L5J 4S7, Canada
Type Company
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Networking Partner

Cleantech Group

The Cleantech Group is a company that supports the development and marketability of clean technologies. The Cleantech Group provides members of its Cleantech network access to capital, investors, research and promotional opportunities. The group also provides advisory services for large corporations and governments. Founded in 2002, the Cleantech Group owns the term "cleantech" as a registered trademark.

Solutions Associated 49
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator LI-CYCLE CORP. has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.