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Li-Cycle, LG Chem and LG Energy Solution Enter into Letter of Intent for Milestone Closed Loop Commercial Arrangement

Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or “the Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that it has entered into a manufacturing scrap supply and nickel sulphate off-take agreement letter of intent with LG Chem, Ltd. (“LGC”) and LG Energy Solution, Ltd. (“LGES”). Upon execution of the definitive commercial agreement related to the proposed supply and off-take arrangements, LGC a
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