Is battery recycling under-estimated?
A fascinating paper published by the Swedish Energy Agency and Circular Energy Storage highlights that the occurrence of lithium-ion battery recycling is actually materially higher than the 5% level cited in many studies, particularly in Korea and China. This could have significant implications for material supply in coming years. The report highlighted that the 5% level for recycling widely cited is actually based on 2010 data, from a time when there were no EVs or tablets and hardly any smartphones. The report suggests that European and US recycling data may anyway be understated because many consumer products are shipped to...