2025년 9월 10일, 수요일

Li-Cycle, lithium-ion battery resource recycling company, buys Peridot 

Li-Cycle, a specialist in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, has completed its previously announced business combination with Peridot Acquisition.

The ticker symbols for the common stock and warrants of Peridot will change from “PDAC” and “PDAC.WS” to “LICY” and “LICY.WS”, respectively, and began trading on the New York Stock Exchange on August 11, 2021. The transaction was approved at an extraordinary general meeting of Peridot shareholders on August 5, 2021 and was unanimously approved by Peridot’s Board of Directors.

Ajay Kochhar, co-founder and Chief Executive Officer of Li-Cycle, said, “Consummation of our business combination with Peridot marks a significant milestone for Li-Cycle. Peridot’s support of our mission to close the battery supply chain loop has been instrumental, and we look forward to our ongoing partnership with their team. We are well-positioned to benefit from macroeconomic tailwinds as we scale our efficient and proven commercial lithium-ion recycling technology to grow in lockstep with our customers. As the electric vehicle revolution continues to ramp up, we believe our technology will be critical for supporting the growth of e-mobility globally, while ensuring sustainability and resource efficiency.”

Tim Johnston, co-founder and Executive Chairman of Li-Cycle, commented, “The transaction with Peridot has provided us with the funding to capitalize on significant growth opportunities, advance our breakthrough commercial technology, and build lithium-ion recycling facilities across the globe. Our solution transforms material treated as waste into considerable value via a truly fit-for-purpose pathway, providing the essential building blocks for batteries that are in critical demand. Sustainable lithium-ion battery recycling is imperative today and we believe that further execution of our vision will ultimately contribute to more affordable products for the end consumer.”

Alan Levande, the former Chairman and Chief Executive Officer of Peridot and now a Non-Executive Director of the Board of Directors of Li-Cycle, commented, “Li-Cycle’s innovative business model, exceptional management team, and proven, disruptive technology provides the company with a strong competitive moat that is poised to benefit from global electrification. Since announcing the transaction, the Li-Cycle team has demonstrated excellent stewardship – announcing foundational commercial agreements, bolstering the leadership team with strategic hires, strengthening the Company’s IP, and importantly, furthering progress on building out the Company’s Spoke and Hub model. We are excited to see its future successes amplified in the public markets.”



.
이 기사는 아이씨엔매거진에서 발행되었습니다. 더 많은 기사를 아이씨엔매거진(링크)에서 확인하실 수 있습니다.        

ASI
Hordon Kim
Hordon Kimhttps://powerelectronics.co.kr
아이씨엔매거진, PEMK(Power Electronics Magazine Korea) 인터내셔널 에디터입니다. An international editor of ICN magazine and PEMK.
ACHEMA 2027
K-BATTERY_SHOW 2025
hilscher
ASI

Join our Newsletter

Get the latest newsletters on industry innovations.

오토모션

Related articles

웨이브일렉트로닉스, 발행주식 4% 규모 자사주 소각 결정

웨이브일렉트로닉스가 이번에 소각하는 자사주는 발행주식 총수의 4% 규모다. 주주가치 제고를 이유로 내세웠다.

키사이트 월드 테크 데이 2025 성료, “AI, 6G·디지털·자동차 혁신을 주도하다”

키사이트가 AI 시대의 혁신 가속화' 주제로 '키사이트 월드 테크 데이 2025'를 서울에서 개최했다

하반기 최대 이차전지 전문 전시회 ‘K-BATTERY SHOW 2025’, 9월 10일 개최

오는 9월 10일부터 3일간 킨텍스에서 개최되는 ‘K-BATTERY SHOW 2025’는 200개 사가 참여해 소재·부품·장비부터 ESS, 재활용까지 이차전지 산업 전반을 다루며, 신설된 특별관과 컨퍼런스 등 다양한 프로그램을 통해 산업의 미래를 조망할 예정이다.

기자의 추가 기사

IIoT

fastechEcat
K-BATTERY_SHOW 2025

추천 기사

mobility