Li-Cycle Financials and Strategic Update
COMPLETED
Rochester Hub On Track for Commissioning in Calendar 2023
HNININK
Li-Cycle
Pilot plant run for one year
Completed DFS(1)
Completed contracts: E&P with Hatch and GC with MasTec Industrial
Gained final air permit approval
Purchased long lead equipment
IN PROGRESS
Continue to accelerate construction
Continue to lock-in key construction materials
Complete equipment procurement
Mechanical completion
Begin commissioning
1)
Definitive Feasibility Study (DFS) completed in December 2021 for estimated cost of $485 million plus/minus 15%. Processing capacity/year of 35,000 tonnes Black Mass or 90,000 tonnes LIB equivalent. Expected annual
production output of 42,000 - 48,000 tonnes Nickel Sulphate, 7,500 - 8,500 tonnes Lithium Carbonate, and 6,500 - 7,500 tonnes Cobalt Sulphate.
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Li-Cycle
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