PDAC - Don't miss on this opportunity that hits in the EV, Sustainability, and Recycling sectors

SPAC merging with Li-Cycle, the largest lithium-ion recycler in North America.  Li-Cycle is well-positioned at the intersection of three huge trends: the electric vehicle revolution, the supply shortage of strategic battery materials such as lithium and nickel, and the need for a green and sustainable battery recycling solution. According to the company, approximately 460,000 tons of lithium-ion batteries were disposed of in 2020 alone, with that number expected to continue growing. We have started a position. Already has over 40 commercial agreement with blue chips through 2030. and expects to increase capacity tenfold by 2025. Using their patented processes, Li-Cycle is able to break down lithium-ion batteries of all formats, chemistries, and states of charge into two raw products: battery mass (made mostly of lithium, nickel, and cobalt), and mixed copper/aluminum. Then the two products are refined using a hydrometallurgical circuit to produce individual metal sulfate and carbonate products with the purity levels required to be used in cathode and precursor production. By re-inserting expensive and hard to obtain products back into the lithium-ion battery supply chain, Li-Cycle effectively closes the loop between the end-of-life of a battery and manufacturing phases in both an environmentally and economically sustainable manner. [CREDIT TO: PSYCHOTRADER https://psychotrader.com/)

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golean

Jun 14, 2021

-3.01%

Change % Since Posting

11.96

Price When Posted

-0.36

Change Since Posting

PDAC

Peridot Acquisition Corp - Class A

11.60

0.37
3.29%
Current Price

PDAC - Don't miss on this opportunity that hits in the EV, Sustainability, and Recycling sectors

bullish

SPAC merging with Li-Cycle, the largest lithium-ion recycler in North America. 

Li-Cycle is well-positioned at the intersection of three huge trends: the electric vehicle revolution, the supply shortage of strategic battery materials such as lithium and nickel, and the need for a green and sustainable battery recycling solution. According to the company, approximately 460,000 tons of lithium-ion batteries were disposed of in 2020 alone, with that number expected to continue growing. We have started a position.

Already has over 40 commercial agreement with blue chips through 2030. and expects to increase capacity tenfold by 2025.

Using their patented processes, Li-Cycle is able to break down lithium-ion batteries of all formats, chemistries, and states of charge into two raw products: battery mass (made mostly of lithium, nickel, and cobalt), and mixed copper/aluminum. Then the two products are refined using a hydrometallurgical circuit to produce individual metal sulfate and carbonate products with the purity levels required to be used in cathode and precursor production. By re-inserting expensive and hard to obtain products back into the lithium-ion battery supply chain, Li-Cycle effectively closes the loop between the end-of-life of a battery and manufacturing phases in both an environmentally and economically sustainable manner.

[CREDIT TO: PSYCHOTRADER https://psychotrader.com/)

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read-time
1 min

18.00

Target Price

8/ 10

Confidence

1-2 Months

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