Li-Cycle: Set To Achieve EV Battery Recycling Leadership Despite Near-Term Hiccups

Oct. 06, 2022 6:49 AM ETLi-Cycle Holdings Corp. (LICY)2 Comments


  • Li-Cycle continues to gain traction commercially with 2 new projects announced.
  • Delay in Arizona and Alabama Spoke as a result of the need to optimize operations to achieve targeted throughput is a necessary step for the successful future spoke rollout.
  • The company will benefit from the Inflation Reduction Act as energy resilience becomes a top priority in the United States.
  • Li-Cycle continues to have sufficient funding for its planned future growth and its balance sheet remains robust.
  • My target price for Li-Cycle is $13.10, implying an upside potential of 132% from current levels.

Car battery recycling. Green energy. Background from accumulator


Li-Cycle (NYSE:LICY) recently reported their recent quarterly result and while it may appear that the delay in the start-up of its spokes is negative, I would argue that this is a temporary setback that is beneficial for Li-Cycle in

Timeline for future operational milestones

Timeline for future operational milestones (Li-Cycle 2Q22 Slides)

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