Dead EV batteries hold 80% lithium, offering recycling potential

A recent Australian study highlights that discarded electric vehicle (EV) lithium-ion batteries still retain about 80% of their lithium content, presenting a significant opportunity for recycling. Recycling these batteries not only recovers high-purity lithium (near 99%) but also valuable metals like nickel and cobalt. Compared to traditional lithium mining, recycling reduces carbon emissions by 61%, energy use by 83%, and water consumption by 79%, making it a cleaner and more sustainable approach. With the global lithium-ion battery market expected to grow 13% annually and battery waste projected to reach 137,000 tons per year in Australia alone, recycling could address both environmental and economic challenges, including job creation and waste reduction. Despite these benefits, challenges remain, such as rapidly evolving battery chemistries and lagging policy development, which complicate recycling processes. Experts emphasize the need for investment in infrastructure to support a circular economy for lithium batteries. While companies like Belgium’s Umicore, the U.S.’s Redwood