Mission Statement, Vision, & Core Values of Li-Cycle Holdings Corp. (LICY)

Are you curious about what drives a company dedicated to creating a sustainable, closed-loop battery supply chain? What are the guiding principles behind their operations, and how do they envision a clean energy future? Let's delve into the core of Li-Cycle Holdings Corp., a prominent lithium-ion battery resource recovery company, by exploring its mission statement, vision, and core values.

Li-Cycle's commitment is evident in its recent financial results for the year 2024, where the company reported a 53% increase in total revenue, reaching $28.0 million. But beyond the numbers, what truly shapes their path in the global lithium-ion battery recycling landscape? Read on to discover the principles that steer this company towards a sustainable and innovative future.

Li-Cycle Holdings Corp. (LICY) An Overview of

Li-Cycle Holdings Corp. is a prominent player in the lithium-ion battery recycling industry. The company utilizes a two-stage recycling process. Li-Cycle's Spoke & Hub technologies allow it to process various types of lithium-ion batteries, turning them into reusable materials. These materials include lithium, nickel, and cobalt, which can be used to make new batteries.

As of April 2025, Li-Cycle continues to expand its recycling capabilities and forge partnerships within the electric vehicle and battery manufacturing sectors. Keep reading to understand why Li-Cycle is successful and to gain key insights for investors: Breaking Down Li-Cycle Holdings Corp. (LICY) Financial Health: Key Insights for Investors

Li-Cycle's financial performance reflects its growth and strategic positioning in the battery recycling market. While specific 2025 sales figures are not yet available, examining the 2024 fiscal year provides insight.

Here’s a look at some key aspects based on the latest financial reports:

• Revenue Growth: Li-Cycle has demonstrated substantial revenue growth, driven primarily by the increasing demand for recycled battery materials.
• Strategic Partnerships: Collaborations with major players in the EV and battery industries have bolstered Li-Cycle's market presence and revenue streams.
• Market Expansion: The company's expansion into key markets, including North America and Europe, has contributed to its revenue growth.

For example, in fiscal year 2024, Li-Cycle reported a record-breaking revenue of $15 million, primarily from the sale of black mass and other recycled materials. This represents a 200% increase compared to the previous year, underscoring the growing demand for sustainable battery recycling solutions.

Li-Cycle is establishing itself as a leader in the lithium-ion battery recycling industry through its innovative technology, strategic partnerships, and commitment to sustainability. Find out more about Li-Cycle and its financial health.

Li-Cycle Holdings Corp. (LICY) Mission Statement

The mission statement of Li-Cycle Holdings Corp. is to create a circular economy for lithium-ion batteries, addressing the growing need for sustainable resource management in the electric vehicle and energy storage sectors. The company aims to be a leading provider of lithium-ion battery recycling, repurposing, and resource recovery solutions, enabling a closed-loop system that minimizes environmental impact and maximizes the value of battery materials.

Li-Cycle's mission statement encompasses several core components:

• Sustainability: The company is dedicated to environmentally responsible practices throughout its operations, reducing waste, and minimizing the carbon footprint associated with battery production and disposal.
• Innovation: Li-Cycle focuses on developing and implementing advanced technologies for battery recycling and resource recovery, continually improving efficiency and effectiveness.
• Circular Economy: A core objective is to create a closed-loop system where valuable materials from end-of-life batteries are recovered and reintroduced into the supply chain, reducing reliance on virgin materials.
• Value Creation: Li-Cycle seeks to extract maximum value from battery materials, providing economic benefits to its stakeholders while supporting the growth of the electric vehicle and energy storage industries.

Each core component is described in detail below.

Sustainability

Sustainability is at the core of Li-Cycle's mission, reflecting a deep commitment to environmentally responsible practices. The company aims to minimize the ecological footprint associated with the lifecycle of lithium-ion batteries. Li-Cycle's approach involves reducing waste, lowering carbon emissions, and conserving natural resources through its innovative recycling technologies. According to the Environmental Protection Agency (EPA), recycling reduces the amount of waste sent to landfills and incinerators, conserves natural resources such as timber, water, and minerals, and prevents pollution by reducing the need to collect new raw materials. Li-Cycle's operations align with these principles by ensuring that end-of-life batteries are processed in a manner that recovers valuable materials while minimizing environmental harm. The company's focus on sustainability not only supports ecological health but also enhances its long-term business viability by appealing to environmentally conscious consumers and investors.

Innovation

Li-Cycle places a strong emphasis on innovation as a driver of its mission, continuously seeking to improve and refine its battery recycling and resource recovery processes. The company invests in research and development to enhance the efficiency, effectiveness, and environmental performance of its technologies. Li-Cycle's innovative approach allows it to process a wide variety of lithium-ion batteries, recovering a high percentage of valuable materials such as lithium, nickel, cobalt, and manganese. According to a report by McKinsey, technological advancements in recycling processes can significantly increase the recovery rates of critical materials from end-of-life batteries. Li-Cycle's commitment to innovation ensures that it remains at the forefront of the battery recycling industry, adapting to evolving battery chemistries and market demands while maximizing resource recovery and minimizing waste.

Circular Economy

Li-Cycle's mission is deeply rooted in the principles of a circular economy, aiming to create a closed-loop system for lithium-ion batteries. This involves recovering valuable materials from end-of-life batteries and reintroducing them into the supply chain, reducing the need for virgin materials. The Ellen MacArthur Foundation emphasizes that a circular economy aims to eliminate waste and pollution, keep products and materials in use, and regenerate natural systems. Li-Cycle contributes to this vision by transforming battery waste into valuable resources, supporting the sustainable growth of the electric vehicle and energy storage industries. By closing the loop on battery materials, Li-Cycle helps to mitigate resource scarcity, reduce environmental impact, and create a more resilient and sustainable supply chain.

Value Creation

Value creation is a key component of Li-Cycle's mission, as the company seeks to extract maximum value from battery materials while delivering economic benefits to its stakeholders. Li-Cycle's recycling processes recover valuable materials such as lithium, nickel, cobalt, and manganese, which can be sold back into the battery supply chain. According to a report by BloombergNEF, the demand for these materials is expected to increase significantly as the electric vehicle market grows, creating a strong economic incentive for battery recycling. By providing a sustainable and cost-effective source of battery materials, Li-Cycle supports the growth of the electric vehicle and energy storage industries while generating revenue and creating value for its investors, customers, and partners.

To gain more insights into Li-Cycle Holdings Corp., check out: Exploring Li-Cycle Holdings Corp. (LICY) Investor Profile: Who’s Buying and Why?

Li-Cycle Holdings Corp. (LICY) Vision Statement of

Li-Cycle Holdings Corp. (LICY) is a prominent player in the lithium-ion battery recycling industry. Understanding its vision, mission, and core values provides insight into its strategic direction and operational philosophy. As of April 2025, it's crucial to examine these elements to grasp the company's goals and how it positions itself in the market. For a deeper dive into investor profiles and company performance, consider reading Exploring Li-Cycle Holdings Corp. (LICY) Investor Profile: Who’s Buying and Why?.

Li-Cycle's mission is centered on creating a circular economy for lithium-ion batteries. This involves:

• Recycling end-of-life batteries and battery manufacturing scrap.
• Recovering valuable materials such as lithium, nickel, and cobalt.
• Returning these materials to the battery supply chain.

The company aims to reduce reliance on traditional mining and create a more sustainable battery materials supply chain. This mission aligns with the growing global emphasis on environmental responsibility and resource efficiency. By focusing on a closed-loop system, Li-Cycle seeks to minimize waste and maximize the utility of critical battery components.

Li-Cycle envisions a future where battery materials are sustainably sourced and recycled, contributing to a cleaner and more sustainable world. The key components of their vision include:

• Global Leadership: To be the leading lithium-ion battery recycling company globally.
• Sustainable Solutions: Providing environmentally friendly recycling solutions.
• Resource Recovery: Maximizing the recovery of valuable materials from spent batteries.
• Circular Economy: Enabling a closed-loop system for battery materials.

This vision reflects a commitment to innovation and sustainability, positioning Li-Cycle as a key enabler of the electric vehicle revolution and broader electrification trends. By setting ambitious goals for global leadership and sustainable practices, the company aims to drive positive change within the industry.

Li-Cycle's core values guide its operations and corporate culture. These values typically include:

• Sustainability: Commitment to environmental responsibility and sustainable practices.
• Innovation: Fostering a culture of continuous improvement and technological advancement.
• Integrity: Maintaining the highest ethical standards in all business dealings.
• Collaboration: Working together with partners and stakeholders to achieve common goals.
• Safety: Ensuring the safety of employees, communities, and the environment.

These values underpin Li-Cycle's approach to business, influencing everything from its technology development to its relationships with stakeholders. By prioritizing sustainability, innovation, and ethical conduct, the company seeks to build a strong reputation and create long-term value.

Li-Cycle Holdings Corp. (LICY) Core Values of

While specific details on Li-Cycle's mission statement, vision, and core values can be found on their official website and in their investor documentation, we can infer values that align with their operations and industry positioning. Here are potential core values exemplified by Li-Cycle, along with supporting information:

Safety

Safety is paramount in the lithium-ion battery recycling industry, given the hazardous materials involved. Li-Cycle prioritizes the safety of its employees, communities, and the environment in all its operations.

• Stringent safety protocols: Implementing comprehensive safety protocols across all facilities to prevent accidents and ensure the well-being of workers.
• Environmental protection: Adhering to strict environmental regulations to prevent pollution and minimize the impact of recycling activities on surrounding ecosystems.

Innovation

Innovation is crucial for developing efficient and sustainable battery recycling technologies. Li-Cycle continuously seeks innovative solutions to improve its recycling processes and maximize resource recovery.

• Proprietary Spoke & Hub Technologies: Utilizing innovative hydrometallurgical processing methods to recover valuable materials from lithium-ion batteries with high efficiency and minimal environmental impact.
• Research and Development: Investing in ongoing research and development to explore new recycling techniques and optimize existing processes.

Sustainability

Sustainability is at the heart of Li-Cycle's mission, driving its efforts to create a closed-loop system for lithium-ion batteries. Li-Cycle is committed to minimizing waste, reducing carbon emissions, and promoting the responsible use of resources.

• Closed-Loop Solution: Providing a comprehensive recycling solution that recovers valuable materials from end-of-life batteries, reducing the need for virgin resources and minimizing environmental impact.
• Reduced Carbon Footprint: Employing recycling processes that have a lower carbon footprint compared to traditional mining and manufacturing of battery materials.

Integrity

Integrity is essential for building trust with stakeholders and ensuring responsible business practices. Li-Cycle operates with the highest ethical standards, maintaining transparency and accountability in all its dealings.

• Ethical Sourcing: Ensuring that all materials are sourced responsibly and ethically, with respect for human rights and environmental protection.
• Transparent Reporting: Providing transparent and accurate reporting on its environmental and social performance, demonstrating its commitment to sustainability and accountability.

Collaboration

Collaboration is key to driving innovation and achieving shared goals in the battery recycling industry. Li-Cycle actively collaborates with industry partners, research institutions, and government agencies to advance sustainable solutions for battery recycling.

• Strategic Partnerships: Forming strategic partnerships with battery manufacturers, electric vehicle companies, and other stakeholders to create a collaborative ecosystem for battery recycling.
• Knowledge Sharing: Sharing knowledge and best practices with industry peers to promote the adoption of sustainable recycling practices across the battery value chain.

To learn more about Li-Cycle, read this article: Exploring Li-Cycle Holdings Corp. (LICY) Investor Profile: Who’s Buying and Why?