Cotton: Global Battery Recycling Market Will Reach $25 Billion by 2030
Steve Cotton · The right way to recycle batteries [partner content] · Mar 5, 2024 · at 6:29
AquaMetals CEO Steve Cotton discusses the projected market expansion for lithium battery recycling.
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“And if you look at the global lithium battery recycling market, it's already today roughly a five billion dollar industry, And we expect it to grow by about five-fold just in the coming few years to the end of the decade to nearly twenty-five billion dollars.”
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“You know, having the desire to understand, well, what happens to these batteries, I went to smelters, and they're a hellscape. It's very dangerous. You've got lead dust all over the floor. You've got a bunch of people wearing hot suits literally chucking batte…”
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“And if you contrast that today to a new lithium battery that you get regardless of the application, whether it's an EV or a piece of consumer electronics, et cetera that has under one percent of the recycled lithium, nickel, or cobalt in that new battery. It a…”
Cotton: Pyrometallurgy burns or loses lithium into unrecoverable slag
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