Li-Cycle reports loss in Q3 - NewsBreak

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By Gomez in Business
Updated 3 years ago

Li-Cycle Holdings Corp., the Toronto-based lithium-ion battery recycler that has a "spoke" facility at Eastman Business Park, on Thursday reported a third-quarter loss of $6.9 million, despite an 840 percent increase in sales. For the quarter ended July 31, Li-Cycle reported revenues of $1.7 million, compared with $200,000 in the same quarter last year, driven primarily ...

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