Profiles
Li-Cycle announces two new members to its Board of Advisors

TORONTO — On Aug. 24, Li-Cycle Holdings Corp., a company involved in lithium-ion battery resource recovery and a lithium-ion battery recycler in North America, announced that John Mitchell and Govind Arora have joined the Company’s Board of Advisors.

Mr. Mitchell and Mr. Arora both have experience at companies at the senior executive level and join Li-Cycle at a critical juncture following its listing on the New York Stock Exchange. They will be providing management advisory services to Li-Cycle’s senior management team, leveraging their experience in the areas of business development, commercial support and strategic and business planning. The other members of the Board of Advisors are Dr. Yuan Gao and Dr. Ahmad Ghahreman, who have been providing technical advisory services to the Company over the past several years.

“John and Govind both have impressive backgrounds and we’re looking forward to leveraging their expertise as we pursue our growth plan,” said Ajay Kochhar, co-founder, President and Chief Executive Officer of Li-Cycle. “They are aligned with our vision to create a truly circular battery supply chain by utilizing our breakthrough commercial technology to transform end-of-life batteries and battery production waste into materials of great value for our customers and partners.”

“Li-Cycle has already served as a catalyst for tremendous, positive change in the lithium-ion battery market,” said John Mitchell. “Li-Cycle’s technology is second to none and I look forward to working closely with Ajay and his best-in-class management team as the Company continues to disrupt an industry that needs a low-cost and sustainable battery supply chain.”

“Li-Cycle is a pioneer, establishing a proven lithium-ion battery recycling technology before it became the prevalent topic that it is presently,” said Govind Arora. “The Company has a robust global growth strategy that will be essential in contributing to a circular lithium-ion battery market that continues to demonstrate rapidly growing demand for critical, finite materials.”

As disclosed above, Mr. Mitchell and Mr. Arora will be joining the Company’s existing Advisory Board members, Dr. Yuan Gao and Dr. Ahmad Ghahreman.

Dr. Gao is Vice-Chairman of the board of directors of Qinghai Taifeng Pulead Lithium-Energy Technology Co. Ltd. (Pulead), a Chinese lithium-ion battery cathode producer and a player in the lithium-ion battery supply chain.

Dr. Ghahreman has hydrometallurgical/wet chemistry experience. He has a background in the advanced recovery of many of the constituents in lithium-ion batteries, gained in the context of primary resource mineral processing and hydrometallurgy.