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LICY
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+13.51%
0.123
12 Industrials Stocks Moving In Thursday's Intraday Session
Vast Renewables (NASDAQ:VSTE) stock rose 29.9% to $3.0 during Thursday's regular session. The company's market cap stands at $89.9 million. Nauticus Robotics stock rose 17.4% and SolarMax Technology shares moved upwards by 15.31%.
Benzinga · 7h ago
Li-Cycle Cuts 17% of Staff as Costs Mount
Li-Cycle Holdings is a company engaged in the lithium-ion battery resource recovery and battery recycling business in North America. Shares of this lithium stock have soared 116% month-over-month and 53% in the year-to-date period. The company has struggled with construction cost overruns at its battery processing facility in Rochester, New York. The stock is still down 81% year over year.
Barchart · 17h ago
What's Going On With Lithium-Ion Battery Company Li-Cycle Shares Today?
Li-Cycle Holdings Corp says it will reduce its workforce at the corporate level. The company expects to reduce approximately 60 positions, representing approximately 17% of the company's global workforce. Company says it is transitioning from a regional management structure to a centralized model to increase efficiencies.
Benzinga · 1d ago
Li-Cycle Streamlines Management for Efficiency Gains
TipRanks · 2d ago
Li-Cycle Holdings Announces Workforce Reduction and Leadership Changes
TipRanks · 2d ago
Li-Cycle To Cut 17% Of Workforce, Reshuffle Leadership
Li-Cycle will cut about 17% of its global workforce and reshuffle leadership. The company works to recycle lithium-ion battery materials. The layoffs are expected to save about $10 million annually in payroll and benefit costs. The Toronto-based company said it will cut 60 positions.
Dow Jones · 2d ago
Li-Cycle announces 17% workforce reduction, CFO to step down
Li-Cycle Holdings Corp. Announces 17% workforce reduction, CFO to step down. The company expects to reduce about 60 positions, representing approximately 17% of the company's global workforce. Debbie Simpson, Chief Financial Officer, will be leaving the company to pursue new opportunities.
Seeking Alpha · 2d ago
Li-Cycle Provides Business Update; Tim Johnston Will Transition To The Role Of Interim Non-Executive Board Chair; Expects To Reduce ~60 Positions, Representing 17% Of Its Global Workforce
Li-Cycle expected to generate approximately $10 million in cost savings through workforce reduction. The company will transition from its regional management structure to a centralized model. Chief Financial Officer Debbie Simpson will be leaving the company to pursue new opportunities. Craig Cunningham has joined the company as its interim chief financial officer.
Benzinga · 2d ago
*Li-Cycle Holdings: Expect to Reduce Approximately 60 Positions, Representing Approximately 17% of the Co's Global Workforce >LICY
Dow Jones · 2d ago
*Li-Cycle Holdings: Debbie Simpson, Chief Fincl Officer, Will Be Leaving the Co to Pursue New Opportunities >LICY
Dow Jones · 2d ago
*Li-Cycle Holdings: Craig Cunningham Has Joined Co. as Interim Chief Fincl Officer, Effective Immediately >LICY
Dow Jones · 2d ago
*Li-Cycle Holdings: Tim Johnston, Executive Chair, Will Transition to the Role of Interim Non-Executive Bd Chair >LICY
Dow Jones · 2d ago
*Li-Cycle Holdings: Conor Spollen Has Assumed the Role of Oper Chief >LICY
Dow Jones · 2d ago
*Li-Cycle Holdings: Dawei Li Has Assumed the New Role of Chief Comml Officer >LICY
Dow Jones · 2d ago
Li-Cycle to cut 17% of staff amid battery recycling growing pains
Li-Cycle to cut 17% of staff amid battery recycling growing pains. The company has struggled with construction cost overruns at its Rochester, New York, battery processing facility. 60 employees will lose their jobs in all. The cuts are a tacit acknowledgement of the company's ambitious growth plans.
Reuters · 2d ago
Li-Cycle Provides Organizational Structure Update
Li-Cycle Holdings Corp. Is a leading global lithium-ion battery resource recovery company. The Company has made the strategic decision to transition from its regional management structure to a centralized model to better position the Company for future success and increase efficiencies. The company has also announced leadership changes.
Barchart · 2d ago
BUZZ-U.S. STOCKS ON THE MOVE-Gold miners , Alibaba, McCormick
U.S. Stock index futures ticked up on Tuesday as most megacap and chip stocks advanced. Investors readied for more data to assess the Federal Reserve's rate path. Dow e-minis were up 0.10% at 39,739.25. The top three NYSE percentage gainers were Reddit, Alibaba and McCormick.
Reuters · 2d ago
Li-Cycle Bolsters Finance with $75M Glencore Investment
TipRanks · 3d ago
Li-Cycle Holdings Secures Strategic $75M Financial Deal
TipRanks · 3d ago
BRIEF-Li-Cycle Closes $75 Million Strategic Investment From Glencore
Reuters · 3d ago
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About LICY
Li-Cycle Holdings Corp. is a Canada-based global lithium-ion battery resource recovery company and pure-play lithium-ion battery recycler. The Company’s patent-protected Spoke & Hub Technologies provides a solution to recycle all different types of lithium-ion batteries. At its Spokes, or pre-processing facilities, the Company recycles battery manufacturing scrap and end-of-life batteries to produce black mass, a powder-like substance, which contains various valuable metals, including lithium, nickel and cobalt. At its Spokes, lithium-ion batteries of all formats, chemistries and states of charge are processed through a mechanical process, which results materials into two main product lines: battery materials (black mass) and mixed copper/aluminum. At its Hubs, or post-processing facilities, the Company processes black mass to produce critical battery-grade materials, including lithium carbonate, nickel sulfate and cobalt sulfate.