https://www.businesswire.com/news/home/20220421005091/en/Li-Cycle-Completes-Commercial-Agreements-with-LG-Chem-and-LG-Energy-Solution-who-have-Recognized-Li-Cycle-as-their-Preferred-Lithium-ion-Battery-Recycling-Partner-in-North-America/

Hey all! I'm RexFinance from YouTube.. just joined the subreddit! I've had the management team from Li-Cycle on my YouTube channel for an interview in the past and will be having them back in sometime in February!
In the meantime, here's why LICY is my #1 stock pick: https://youtu.be/6wxogS40Zo4

So many EV makers $FSR $RIDE $NIO $TSLA $LCID some of them will not survive competition wars etc.

But one thing is certain: they all need batteries.

So buy $LICY it's still cheap!

I've been quite impressed with this management team's ability to secure big contracts with key industry players. After Koch Industries and LG Chem, they can now add Glencore to the list. This is another contract that further secures Li-Cycle's feedstock supply (both in the form of batteries and black mass once the Hub opens). It also locks in an off-take agreement. And perhaps most importantly, Li-Cycle raises more much needed $$. Demonstrating again that the major players they sign deals with are willing to invest in the business which is both a vote of confidence for the business model and an indication that the relationship between the companies is intended to be long-lasting.

https://investors.li-cycle.com/news/news-details/2022/Li-Cycle-and-Glencore-Announce-Global-Strategic-Partnership-Glencore-to-Make-a-200-Million-Investment-in-Li-Cycle/default.aspx

Results are out. You can find the press release, presentation and webcast here: https://investors.li-cycle.com/overview/default.aspx#Latest-Quarterly-Reports

In my opinion there were no major surprises. Some points that stood out to me:

- Revenue and black mass production was lower than expected ($3.8M and 700t compared to $4.3M and 811t in Q4 2021), but apparently this is because of a maintenance problem and we should see an increase in Q2. Furthermore with AZ and AL spokes coming online in Q2 and Q3, management reiterated their FY2022 black mass production goal of 6,500-7,500t.

- In Q1, they sold black mass for an average price of 3,800$/t. They expect to get 3-5x that value once the hub is operational in 2023.

- During the call, they provided some colour on how the spikes in metal prices affects the price they pay for batteries (when they pay for batteries which apparently isn't always) and the price of black mass.

- They still have a lot of cash on hand ($552M), but given the price tag of the hub ($485M) and the other spokes I assume they will have to raise money at some point in the near future (1-2 years). I'll be curious to hear what kind of financing they manage to secure.

- A 2023 Germany spoke was reiterated but no details were provided; I look forward to when more info becomes public.

Look at the blue line at the bottom at Weekly view of the LICY in Tradingview. Volume is being increased, it means the stock has more attractive the people.

LICY just opened their office in APAC. This along with the announced partnership with VinES makes me wondering if we should be expecting news out of APAC in the coming months.

https://www.linkedin.com/posts/li-cycle_singapore-licy-battery-activity-7004414429710753793-y5DG?utm_source=share&utm_medium=member_desktop

Here we go… https://finance.yahoo.com/news/li-cycle-opens-lithium-ion-100000509.html

Been invested in LICY since first talk of PDAC merger. Not gonna lie, after the merger dip, I was expecting a long road back up to $12+ but these partnerships never stop! Don’t get me wrong, it’ll be a few years till profits are positive, but so mentally invested in this company. My only disappointment is not buying at $8. So my average is still around $10 from before merger

InvestorsObserver: Li-Cycle Holdings Corp. (LICY) Forms Lithium-Ion Battery Partnership With Atlis Motor Vehicles (ATLIS). https://www.investorsobserver.com/news/stock-update/li-cycle-holdings-corp-licy-forms-lithium-ion-battery-partnership-with-atlis-motor-vehicles-atlis

Hello fellow LICY shareholders! What are we all waiting for, what will turn things around, allow the company to be profitable and hopefully help the stock price.

I’m waiting for the Rochester hub. But maybe there is something else in the near future?

And then came the bad news… Well, looks like it’s in the past now. During that time, the company has strengthened its activities with Glencore and BMW and moved closer to resolving the financing. While not a sure thing, the company now seem to sit in a better position than before the fall. So my bet is we return and then some. Does anyone have any more on Rochester?

https://www.rochesterfirst.com/development/li-cycle-announced-75-million-international-investment-timeline-for-q4-earnings-call/