Li-Cycle Acknowledges Discussions With Glencore Amid Evaluation Of Strategic Alternatives

RTTNews | 675 hari yang lalu
Li-Cycle Acknowledges Discussions With Glencore Amid Evaluation Of Strategic Alternatives

(RTTNews) - Li-Cycle Holdings Corp. (LICY) acknowledged Thursday regulatory filings made yesterday in the U.S. and Canada by Glencore plc and its affiliates related to discussions that Glencore is having regarding Li-Cycle and its subsidiaries, in light of the ongoing process being conducted by the Company to evaluate financing and strategic alternatives.

The Company does not intend to comment specifically on Glencore's disclosures.

As previously announced on November 13, 2023, the Company has engaged Moelis & Company LLC as financial advisor to assist in evaluating financing and strategic alternatives for the Company.

Moelis has commenced a robust process that includes both existing stakeholders and potential new investors. The Company is committed to identifying and pursuing financing and strategic alternatives that are in the best interests of Li-Cycle.

read more
Li-Cycle Holdings Appoints Craig Cunningham As CFO

Li-Cycle Holdings Appoints Craig Cunningham As CFO

Li-Cycle Holdings Corp. (LICY), a lithium-ion battery resource recovery company, announced Thursday that it has appointed Craig Cunningham to the role of Chief Financial Officer (CFO), effective July 20, 2024. Cunningham has served as Li-Cycle's interim CFO since March 2024.
RTTNews | 451 hari yang lalu
European Economic News Preview: Germany Wholesale Price Data Due

European Economic News Preview: Germany Wholesale Price Data Due

Wholesale price data from Germany is the only major report due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Germany's statistical office Destatis releases wholesale prices for September. Economists expect wholesale prices to rise 0.2 percent on a monthly basis, in contrast to the 0.6 percent fall in August.
RTTNews | 1j 26min yang lalu
Sensex, Nifty Open Lower On Weak Global Cues

Sensex, Nifty Open Lower On Weak Global Cues

Indian shares were moving lower on Monday, tracking weak cues from global markets as signs of escalation of the trade war between U.S. and China sapped investors' appetite for riskier assets.
RTTNews | 2j 1min yang lalu
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintaining its early losses in mid-market trading on Monday, adding to the slight losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to the 8,900.00 level, with weakness across most sectors led by energy and technology stocks. Gold was the only bright spot.
RTTNews | 2j 53min yang lalu
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Monday, following the broadly negative cues from Wall Street on Friday, amid renewed U.S.-China trade war after US President Donald Trump threatened to massively increase tariffs on China in retaliation for China's expansive export curbs on its rare earth minerals, which are essential for manufacturing and technology.
RTTNews | 3j 28min yang lalu
Indonesia Shares Likely To Open Under Water On Monday

Indonesia Shares Likely To Open Under Water On Monday

The Indonesia stock market has moved higher in two straight sessions, collecting more than 90 points or 1.1 percent along the way. Now at a fresh record closing high, the Jakarta Composite Index sits just beneath the 8,260-point plateau although it's overdue for profit taking on Monday.
RTTNews | 4j 59min yang lalu