Dec. 22 at 6:07 PM
$AMYZF $ABAT Overview(EDITED
Yes lithium battery recycling, specifically processing black mass, is expected to pay off significantly, creating a valuable, circular economy by recovering scarce materials (lithium, cobalt, nickel) for new batteries, driven by soaring EV demand, resource scarcity, and supportive government policies, with the market projected to grow into the tens of billions by 2030s. It's becoming a crucial, sustainable alternative to mining, though efficient technology and collection systems remain key.
Metals like lithium, cobalt, and nickel are finite, making recycled sources essential as demand skyrockets for EVs and electronics.
Recycling from black mass is often faster, cleaner, and more cost-effective than mining raw materials
The black mass recycling market is forecast to reach tens of billions globally by the early 2030s.
Government Support: Regulations (like the EU Battery Directive) and funding (like the U.S. IRA) are pushing for domestic battery supply chains.