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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 |
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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