EV battery recycling infrastructure not keeping pace with demand, report says

The infrastructure to recycle electric vehicle (EV) batteries is currently not optimized either to handle end-of-life battery capacity or to meet critical materials demands placed on the market with the ramping-up of electrification, according to US-based consultancy Lux Research.

In a report issued on Thursday November 18, the consultancy said that, despite a flurry of activity in the past few years, widespread battery recycling adoption was being hindered by technology limitations and uncertain profitability.
"The recycling industry has historically been buoyed by high-cobalt-content consumer electronics batteries. As EV batteries begin to dominate lithium-ion waste streams, recyclers will have to process diverse cathode chemistries at higher volumes," the report said.

EV batteries contain key minerals such as cobalt, nickel, lithium, copper and manganese, and recycling them would help to create a more circular economy...

Investment banks ahead of the gold price, institutions still behind

Gold stocks up, juniors outperform on small cap strength

Gold stocks rebound to new highs

US$ and bonds not the safe havens normally expected

Crash driven by tech and highly cyclical sectors