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GLNCY Glencore Plc (PK)

11.425
0.115 (1.02%)
Last Updated: 20:30:39
Delayed by 15 minutes
Name Symbol Market Type
Glencore Plc (PK) USOTC:GLNCY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.115 1.02% 11.425 11.41 11.44 11.44 11.2485 11.30 345,331 20:30:39

Li-Cycle in Commercial Agreements With Glencore, Adds Sinha to Board

01/06/2022 12:04pm

Dow Jones News


Glencore (PK) (USOTC:GLNCY)
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From May 2022 to May 2024

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By Chris Wack

 

Li-Cycle Holdings Corp. said Wednesday it entered into long-term commercial agreements with Glencore Plc.

Li-Cycle said Glencore has completed its previously announced $200 million investment in Li-Cycle through the purchase of a five-year convertible note. Kunal Sinha, Glencore's head of recycling, has been named to Li-Cycle's board of directors.

Li-Cycle said it would partner with Glencore to source battery feedstock, black mass and sulfuric acid for its facilities.

Li-Cycle shares rose 3% to $8.41 in premarket trading.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

June 01, 2022 06:49 ET (10:49 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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