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Closing the Loop: Building a Battery Recycling Ecosystem
06 Apr 2024 | Abstracted from Kleinman Center for Energy Policy
"There are three main factors in determining the economics of battery recycling: price of metal, cost of acquiring feedstock, and the amount of plant capacity being utilized. The technology itself is relatively insignificant; the extractive step of the process represents ~5% of the total cost. The biggest cost driver is scrap acquisition, which largely boils down to transportation costs."
"...if metal prices are high, ~80% recovery could still be profitable, but if prices are low, even 99% recovery might not make economic sense."
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