Since inception, the company has developed and validated Li-Cycle's Hub-and-Spoke technologies – patented, unique and sustainable processes that allow for the recovery of all critical materials found in lithium-ion batteries, capable of producing battery-grade materials such as cobalt, lithium, and nickel at purities required for battery manufacturing. Li-Cycle's industry-leading processing technology uniquely positions the Company to support the growing international movement towards zero carbon economy and creation of a circular economy for lithium-ion batteries. By providing the same critical materials via resource recovery process, Li-Cycle is committed to minimizing the environmental impact of lithium-ion battery manufacturing.