Li-Cycle Holdings Corp, a Canadian company, specializes in lithium-ion battery resource recovery, aiming to establish a closed-loop battery supply chain for clean energy. Utilizing its sustainable Spoke and Hub technologies, it recycles battery waste to produce black mass, which contains valuable metals like lithium, nickel, and cobalt. The company plans to process this black mass into essential battery materials, including lithium carbonate, to support the lithium-ion battery supply chain.