Hydrometallurgical processes can recover over 90% of valuable metals from spent lithium-ion batteries.
By 2030, the global volume of battery materials available for recycling will reach 1.4 million tons.
The lithium-ion battery recycling market is projected to grow from $5.41 billion in 2024 to $24.15 billion by 2032.
China accounts for 80% of global lithium-ion battery recycling capacity as of 2023.
Recycling lithium-ion batteries can reduce CO2 emissions by up to 80% compared to primary production.
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