Li-Cycle Reports Third Quarter 2024 Operational and Financial Results, Including Strong Revenue Growth and Lower Costs
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Li-Cycle Holdings Corp. reported strong revenue growth and lower costs for Q3 2024, alongside significant milestones such as closing a $475-million DOE loan facility and progress on the Rochester Hub construction.
November 07, 2024 | 9:30 pm
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Li-Cycle Holdings Corp. reported strong Q3 2024 results with significant revenue growth and reduced costs. The company also secured a $475-million DOE loan and made progress on the Rochester Hub construction.
The strong financial performance, including revenue growth and cost reductions, is positive for Li-Cycle's stock. The $475-million DOE loan and progress on the Rochester Hub are significant milestones that could further enhance investor confidence.
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IMPORTANCE 90
RELEVANCE 100