Li-Cycle Further Expands Commercial Footprint in EU with Additional Exclusive Recycling Partnership for its Germany Spoke
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Li-Cycle Holdings Corp. has announced a new exclusive recycling partnership with a premium automotive OEM to recycle lithium-ion battery materials at its Germany Spoke, expanding its commercial footprint in the EU.
February 03, 2025 | 1:45 pm
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Li-Cycle Holdings Corp. has secured an exclusive partnership with a premium automotive OEM to recycle lithium-ion batteries in Germany, expanding its EU operations.
The exclusive partnership with a premium automotive OEM is likely to enhance Li-Cycle's market position in the EU, potentially increasing its revenue and market share. This positive development is expected to have a favorable impact on LICY's stock price in the short term.
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