Glencore, a British–Swiss multinational commodity trading and mining company, agreed to invest a $200m investment in Li-Cycle, a provider of lithium-ion battery resource recovery services and lithium-ion battery recycler. “We are thrilled to have Glencore as a long-term strategic investor and global commercial partner. Bringing our complementary capabilities together will accelerate the path to a circular economy for critical materials in the lithium-ion battery supply chain. These agreements further secure and diversify our lithium-ion battery supply and feedstock sources, competitively positioning our network expansion in North America and Europe," Ajay Kochhar, Li-Cycle Co-Founder and CEO.