Investor Presentaiton
Rochester Hub will Position Li-Cycle as the #1 U.S.-Based Secondary
Recycling Supplier of Battery Grade Advanced Materials (1)
2021
First lithium-ion battery recycling post-processing facility to come online in North America
IP-protected hydrometallurgical, non-pyro processing technology
Leverages proven process and equipment, successful pilot and extensive partner validations
Sustainable conversion of 35,000 tonnes black mass (equivalent to 18 GWh) (2) into nickel
sulphate, cobalt sulphate and lithium carbonate advanced battery material
Higher resource recovery, lower capital intensity, lower environmental footprint and greater
employee safety
Capital investment of approximately $485 million (3)
☐ ☐
☐
2022
Complete all permitting and major equipment
procurement
Advanced site construction underway
Finalize general contractor
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ㅁㅁ
2023
Mechanical completion
Commissioning
Begin ramp-up to nameplate capacity
Completed Definitive Feasibility Study
Key environmental permitting work streams
completed or advanced
Firm price competitive quotes on 80% of
equipment
Awarded EPCM contract to Hatch, leading
engineering consulting firm
Mobilization to site
Sources: Benchmark Mineral Intelligence ("BMI") and Li-Cycle estimates.
Continued expansion of commercial
contracting pipeline
Once Li-Cycle's Hub achieves steady state operations, in comparison to data from Benchmark Mineral Intelligence as of calendar Q3 2021 for forecasted U.S. domestic production in 2024 from all production sources, including nickel
sulphate, cobalt sulphate and lithium carbonate. Li-Cycle Hub expected annual production output of 42,000 - 48,000 tpa Nickel Sulphate, 6,500 - 7,500 tpa Cobalt Sulphate, and 7,500 - 8,500 tpa Lithium Carbonate.
(1)
(2)
(3)
+/- 15% estimate, per the Definitive Feasibility Study (DFS) completed in December 2021.
35,000 tonnes black mass is approximately equivalent to 90,000 tonnes LIB and approximately equivalent to 18 GWh based on the ratio of 1 GWh to 5,000 tonnes LIB.
Li-Cycle
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