Battery Recycling Overview
PDF slide with battery recycling activities in Europe and the US.
1οΈβ£) Why we build a a battery recycling landscape?
π Batteries contain critical materials π that must be retained in the loop
π Global battery π metals demand is expected to quadruple by 2030, causing supply deficits
π Current mining βοΈ processes are challenging for sustainability
π Producers are required to include recycled materials for battery production by 2030 β»οΈ
We need to reduce reliance on new mining and build a recycling supply chain.
2οΈβ£) What is the business potential:
π Growth: Battery recycling sources are predicted to grow up to 20% CAGR in the next 10 years.
π BloombergNEF & McKinsey & Company predict that there could be a margin of $ 700 to 800 per ton π΅
π EV battery recycling profit pool expected to exceed $5 BN within a decade.