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Condensed consolidated interim statements of changes in equity
$ in Millions
USD ($)
shares
Restricted share units
USD ($)
shares
Employee Stock Option
USD ($)
shares
Issued capital
USD ($)
shares
Issued capital
Restricted share units
USD ($)
shares
Contributed surplus
USD ($)
Contributed surplus
Restricted share units
USD ($)
Contributed surplus
Employee Stock Option
USD ($)
Accumulated deficit
USD ($)
Accumulated other comprehensive loss
USD ($)
Equity attributable to the Shareholders of Li-Cycle Holdings Corp.
USD ($)
Equity attributable to the Shareholders of Li-Cycle Holdings Corp.
Restricted share units
USD ($)
Equity attributable to the Shareholders of Li-Cycle Holdings Corp.
Employee Stock Option
USD ($)
Non-controlling interest
USD ($)
Shareholders' equity, beginning balance (in shares) at Dec. 31, 2021 | shares       163,200,000                    
Shareholders' equity, beginning balance at Dec. 31, 2021 $ 457.0     $ 672.1   $ 4.2     $ (219.0) $ (0.3) $ 457.0     $ 0.0
Changes in equity [abstract]                            
Exercise of warrants (in shares) | shares       5,700,000                    
Exercise of warrants $ 46.0     $ 46.0             46.0      
Share issuance (in shares) | shares 5,300,000                          
Share issuance $ 49.7                   49.7      
Exercise of stock options (in shares) | shares 1,467,647   1,467,647 1,400,000                    
Exercise of stock options $ 0.0     $ 0.4   (0.4)         0.0      
Stock option expense     $ 5.9         $ 5.9         $ 5.9  
Settlement of RSUs (in shares) | shares   317,619     300,000                  
Settlement of RSUs         $ (3.5)   $ 3.5              
RSUs expense   $ 10.0         10.0         $ 10.0    
Non-controlling interest in subsidiary 0.4                         0.4
Comprehensive loss (58.8)               (58.7)   (58.7)     (0.1)
Shareholders' equity, ending balance (in shares) at Sep. 30, 2022 | shares       175,900,000                    
Shareholders' equity, ending balance at Sep. 30, 2022 510.2     $ 771.7   16.2     (277.7) (0.3) 509.9     0.3
Shareholders' equity, beginning balance (in shares) at Dec. 31, 2021 | shares       163,200,000                    
Shareholders' equity, beginning balance at Dec. 31, 2021 457.0     $ 672.1   4.2     (219.0) (0.3) 457.0     0.0
Shareholders' equity, ending balance (in shares) at Dec. 31, 2022 | shares       176,100,000                    
Shareholders' equity, ending balance at Dec. 31, 2022 $ 498.0     $ 772.4   18.7     (293.0) (0.3) 497.8     0.2
Changes in equity [abstract]                            
Exercise of stock options (in shares) | shares 1,541,514   1,541,514 1,300,000                    
Exercise of stock options $ 0.0     $ 0.6   (0.6)                
Stock option expense     $ 2.8         $ 2.8         $ 2.8  
Settlement of RSUs (in shares) | shares   784,426     800,000                  
Settlement of RSUs         $ (6.7)   6.7              
RSUs expense   $ 8.5         $ 8.5         $ 8.5    
Non-controlling interest in subsidiary (0.6)     $ (0.4)             (0.4)     (0.2)
Comprehensive loss (205.1)               (205.1)   (205.1)      
Shareholders' equity, ending balance (in shares) at Sep. 30, 2023 | shares       178,200,000                    
Shareholders' equity, ending balance at Sep. 30, 2023 $ 303.6     $ 779.3   $ 22.7     $ (498.1) $ (0.3) $ 303.6     $ 0.0