12
Mar
20:51
Li-Cycle’s shares surge on new Glencore investment
Toronto-based battery recycler Li-Cycle saw its shares surge over 45% on Tuesday following the announcement of a new investment by Swiss mining and trading giant Glencore, Kallanish reports.
Stock trading on the NYSE closed the session 46.32% higher at $0.59.
The new convertible note secured from a Glencore affiliate amounts to $75 million and offers a new lifeline to Li-Cycle, as it continues its “comprehensive” business review. With a five-year mat…
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Anonymous
Very good overview of the weekly steel market.
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