Lithium-Ion Battery Recycling Market to cross $32 Bn by 2032, Says Global Market Insights Inc. [Yahoo! Finance]
Li-Cycle Holdings Corp. (LICY)
Company Research
Source: Yahoo! Finance
Recycling, BatX Energies, Cirbra Solution, Ganfeng Lithium, Glencore, Li-Cycle Holdings Corporation, Lohum Cleantech, Neometals, RecycLiCo Battery Material, Redwood Materials, SK TES, Umicore. Selbyville, Delaware, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The lithium-ion battery recycling market is predicted to hit USD 32 billion by 2032, as reported in a research study by Global Market Insights Inc. This market encompasses the recovery of valuable materials, including lithium, cobalt, nickel, and other metals, from used or discarded lithium-ion batteries. These batteries are commonly utilized in various applications, such as consumer electronics, electric vehicles (EVs), and renewable energy storage systems. The recycling process consists of several key stages, including battery collection, sorting, disassembly, and the extraction of valuable elements through physical, hydrometallurgical, or pyrometallurgical methods. Increasing awareness of the environmental impact caused by improper d
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