Thank everyone. you, and Nahla, good morning,
XXXX business strategy We results our transition a our are our review period in implementing Spoke & excited discuss provide Hub Network progress to the continued and outlook. of
four. slide to Turning
on in the domestic and and North execute EV our battery objectives, strategic We position of chain solidifying sustainable the America Europe. supply development continue Li-Cycle's to
battery of and with Rochester recycling forklift for will on development some trucks of discuss highlight the Hub, recently additional late in global enhance our chain global construction position marrying customer building sheet million, to advanced We including $XXX will greater feedstock network our supply that flexibility with and the demand, global XXXX. KION, Spokes, schedule start battery Rochester supplier, Expanded Hub for for our expansion. participants our warehouse in for financial of we detail. commissioning partner as are achievements commitment To preferred future enhanced and balance which strengthen US Department our a a loan Energy's leading being network named and key
slide five. to Turning
and lithium-ion battery is fundamental batteries for secure chain. materials. materials. building this Let's take new success back with a blocks producing discuss supply of on why? depicted These supply batteries the grade for step of this the to recycled Li-Cycle positioned to transforming on the specifically materials address is into the fits chain battery battery again. are lithium-ion Li-Cycle of types domestic and to in focuses slide, Li-Cycle supply A critical As all core critical
agnostic With respect everything many type application. the factor, ensures battery that inputs is service to our input, to lithium-ion from This we full customers, battery broad scrap of to of form are packs. to manufacturing including Li-Cycle range flexible and chemistry,
grade battery produce as active active several for cathode to chosen materials chemicals reasons. example strategically have for to we products, key outlook opposed our Regarding downstream materials
economics. off, First
Hence Some supply with sale of focused battery associated the optimal the Li-Cycle margin production critical are in the chain of most and here. materials. points has
precursor its focused a products ensures value conclusion, fundamental as input building and to Li-Cycle's blocks and Li-Cycle's production chain. Li-Cycle such cathode broad Additionally customer and of aperture limit as our are an choice produce at producers key the end center many are is to themselves flexibility. the of cathode doesn't customers In the
model. six slide to Turning business for our
feedstock to or and a develop implementation to Spoke is regions. the refining customers strategy we a approach first in earnings to prior That is facility & Hub strategically in modular multiple discussed and Spoke we take large material feedstock As seek we intended Network of our centralized sustainable handling reduce a calls, for battery risks. near costs hub. to scale their of This secure operational located network
in finally, and with mid investments to these loan offtake financing. intake loop, term near funding. underpin arrangements. with commitment we is of supply multi-year a meaning, a low-cost long-term our would timed with good up contracts And intake customer the commercial with recent to long-term we capital optimize approach the that closing DOE example second, A provide offtake capital matching structure And modular the chain objective
Turning for to global strategy footprint. seven growing our slide for a
the a customer capital Just strong demand to investment shift scale contracting recycling being partner, us focus maintain each project commercial the regional underpinned demand customer and and we reiterate, the on demand. highest mirror project providing near to pipeline in market and flexibility cluster with global centers, with facilities customer allocate preferred our Spoke by timing, and
total Gigafactory by favorable addressable XXXX. is look four Turning nearly TAM side, market the or on to eight and North at to Shown driven slide trends. times supply investments expected a grow industry by by the right times for closer two Starting potential XXXX America. the with by with
capture supply that dynamics to total operational capacity of lithium-ion first in growing demand feed quantities recycling these will recycling. Notably, lags its in is batteries strategically with our Rochester, provide Li-Cycle and available commercial very four over Hub favorable post-processing we developing development expected commercial New Spokes position other demand see this for as York. time to frames
to into market. European nine materials accelerating trends Turning the battery slide the view for a in growth
network manufacturing scrap regional With the for largest on meaningful and both adoption. favorable of in end-of-life are contracts market and battery presence We we Gigafactory are EV TAM including with regional lithium-ion batteries. accelerating supply key represents our demand segments which dynamics, supply the expected focused and similar multiple Germany commercial growth locating Spoke
all is a and discuss finally, by notably for mandate battery we'll highest over cell later the battery vehicle with the rate XXXX. EV more third Europe a end-of-life largest zero sales and new and France, which to Gigafactory to be which projected be emissions market presence XXX% has growing XX% Norway, regulatory penetration in the manufacturing
it now update an to & Let Spoke on over Network. turn Hub for Tim me the