Latest / Catalyst with Shayle Kann
The world of battery recycling
The lithium-ion battery business is taking off, and the battery recycling business is close behind. Financiers are pouring over a billion dollars into recycling companies like Redwood Materials, Ascend Elements, and Li-Cycle. But success depends on a steady supply of used batteries, and with batteries lasting longer than expected — and the battery market still in its infancy — there just aren’t enough dying batteries to go around.
As a result, a significant portion of recyclers’ feedstock is coming from manufacturer scrap, i.e. the waste that companies like SK On and Panasonic don’t turn into…
The skinny
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