Li-Cycle appoints two board members post NYSE listing

Li-Cycle appoints two board members post NYSE listing

Li-Cycle appoints two board members post NYSE listing 150 150 Energy Storage Journal

September 2, 2021: Lithium experts John Mitchell and Govind Arora have joined Li-Cycle’s board of advisers, the lithium battery recycling company announced on August 24.

Both men co-founded Blue Horizon Advisors and Blue Horizon Capital, and before that they overlapped at the Albemarle Corporation, Mitchell as president of lithium, Arora as chief commercial officer for the firm’s lithium business.

“John and Govind are aligned with our vision to create a truly circular battery supply chain by utilizing our commercial technology to transform end-of-life batteries and battery production waste into materials of great value for our customers and partners,” said Li-Cycle co-founder, president and CEO Ajay Kochhar.

The appointments come after Li-Cycle went public under the symbol LICY on August 11.

The day before, Li-Cycle had become Li-Cycle Holdings Corp by merging with Peridot Acquisition Corp in a SPAC deal.

“Our business is at an inflection point,” said Kochhar. “We work with blue-chip companies that are scaling rapidly – and it’s not just end-of-life batteries; when you make a battery it’s sometimes not perfect, and this solves problems like rejects and scrap.”

Talking to the TV channel Cheddar News, Kochhar said that there were 225 battery gigafactories in the pipeline — an increase of 222 since he started Li-Cycle in 2013.

“This is the moment that we need to help address this missing supply chain step in the lithium-ion battery supply chain,” he said.

Mitchell and Arora join existing advisory board members Yuan Gao and Ahmad Ghahreman.

Gao is vice chairman of the directors at Qinghai Taifeng Pulead Lithium-Energy Technology, a Chinese cathode producer.

Ghahreman has worked in hydrometallurgical/wet chemistry for 15 years, having completed his PhD in Materials Engineering at the University of British Columbia in Canada.