Li-Cycle Holdings stock moves into Glencore ownership
Published on 09/29/2026 at 10:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Li-Cycle Holdings stock moved into Glencore ownership on August 8, 2025, after the battery recycler completed the sale of its business assets. The company's investor-relations page now directs future updates and customer support to Glencore Battery Recycling, marking a decisive change in the investment story.
Glencore now controls the assets
According to Li-Cycle, the company became part of Glencore on August 8, 2025. The same investor-relations notice says that future services and updates will be provided through Glencore Battery Recycling, linking the former listed company to Glencore's battery-recycling operations.
The transaction changes how the business should be assessed. Li-Cycle's earlier public-company structure centered on developing a network of recycling facilities, while the current company notice emphasizes ownership integration and customer service under Glencore Battery Recycling.
Historical results show the pressure
Historical figures for the quarter ended March 31, 2025 show revenue of USD 7.0 million, net income of negative USD 49.3 million and diluted EPS of negative USD 2.02, according to Investing.com. Revenue fell from USD 8.4 million in the previous quarter to USD 7.0 million, a decline of 16.67 percent, while the quarterly loss replaced the prior quarter's reported net income of USD 56.5 million.
The historical numbers explain why ownership and asset control matter more than a conventional earnings-growth narrative. Li-Cycle's model was designed to process battery manufacturing scrap and end-of-life batteries into black mass and intermediate products, then recover materials such as lithium, cobalt and nickel.
Battery recycling assets define the story
Morningstar classifies Li-Cycle in the Industrials sector and Waste Management industry and lists 240 employees. The profile describes the Spoke and Hub process as the core operating model, giving investors a concrete way to distinguish the former public issuer from Glencore's continuing battery-recycling platform.
Ownership is the central fact
Li-Cycle's documented ownership transition and the March 31, 2025 historical results now provide the clearest frame for understanding the former LICY story. The key reference point is Glencore Battery Recycling, which the company identifies as the channel for future updates and services.
Li-Cycle Holdings at a glance
- Company: Li-Cycle Holdings Corp.
- ISIN: CA50202P1053
- WKN: A3CWUT
- Sector / Industry: Industrials / Waste Management
