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Battery recycler Li-Cycle applies for bankruptcy protection

Sustainable Biz Canada Staff Technology Li-Cycle National May. 15 2025

Financially troubled Canadian battery resource recovery company Li-Cycle Holdings Corp. (LICYF-X) has filed for bankruptcy protection under the Canadian Companies Creditors Arrangement Act as it continues to seek buyers or investors to keep its international business operating.

Cyclic Materials to build major U.S. commercial magnet recycling site

Tyler Choi Waste Cyclic Materials Toronto / GTA May. 6 2025

Toronto-based recycling company Cyclic Materials has chosen Mesa, Ariz. to house its first commercial-scale facility, where it will invest over US$20 million to separate valuable rare earth metals from magnets inside electronics.

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