Li-Cycle Completes Sale of Key Assets to Glencore, Concluding Court-Approved Process

Reuters2025-08-08

Li-Cycle Completes Sale of Key Assets to Glencore, Concluding Court-Approved Process

Li-Cycle Holdings Corporation has successfully completed the sale of several subsidiaries and assets to Glencore Canada Corporation, its largest secured creditor. This transaction, executed via a credit bid and the assumption of certain liabilities, includes Li-Cycle's Spokes in Germany, Arizona, Alabama, New York, and Ontario, as well as its Rochester Hub project and intellectual property portfolio. The sale marks the conclusion of Li-Cycle's court-approved sale and investment solicitation process. While some Li-Cycle entities are winding up, others remain under creditor protection in accordance with Canada's Companies' Creditors Arrangement Act and Chapter 15 of the U.S. Bankruptcy Code. Further details on these proceedings are available on Alvarez & Marsal's website.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Li-Cycle Holdings Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250807105473) on August 07, 2025, and is solely responsible for the information contained therein.

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