Li-Cycle Holdings Corp. operates as a lithium-ion battery resource recovery company in North America. The company processes battery manufacturing scrap and end-of-life batteries to produce black mass, a powder-like substance, which contains lithium, nickel and cobalt, and other intermediate products; and critical battery-grade materials for the lithium-ion battery supply chain, including lithium carbonate, as well as black mass and products analogous to black mass that have a similar metal content and shredded copper and aluminum material. It also offers services for recycling lithium-ion batteries, which include coordination of logistics and destruction of batteries. The company serves consumer electronics, electric vehicles, and battery energy storage systems industries. Li-Cycle Holdings Corp. was founded in 2016 and is headquartered in Toronto, Canada.