Investor Presentaiton
Operating Expenses
Capex
Actions Taken to Maintain Liquidity to Complete Comprehensive Review
of Rochester Hub
Rochester Hub
Cost and Liquidity
Management
Spoke Facilities
Description
Paused construction for comprehensive review of construction contracting
strategy;
Depending on the option selected, initial analysis determined that the revised
project costs could be in the range of approximately $850 million to
approximately $1 billion (includes capex for process buildings and warehouse)
Reduced workforce;
Eliminated non-essential operational spend;
Implementing working capital initiatives (extension of credit terms, inventory
optimization);
■ With financial advisors, exploring financing options and strategic alternatives
Slowed production at North America and paused production at Ontario Spoke;
Under review are Germany Line 2 installation; Norway, France, and Hungary
Li-Cycle
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