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International

Li-Cycle on cusp of revenue jump as Hub plant nears completion

Nicholas Sokic Technology Li-Cycle Toronto / GTA Aug. 16 2023

Li-Cycle Holdings Corp. (LICY-N) has reported revenues of approximately $4.8 million in Q2 2023, a figure it expects to begin increasing significantly when a major facility starts to come online late this year.

Carbon Engineering to be acquired by Occidental for $1.5B

Tyler Choi Carbon Carbon Engineering British Columbia Aug. 16 2023

Houston-based hydrocarbon explorer and producer Occidental Petroleum Corp. (OXY-N) has an agreement to acquire Squamish, B.C.-based Carbon Engineering Ltd. for approximately $1.5 billion to accelerate its direct air carbon capture (DAC) capabilities.

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