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Battery recycling capacity to triple by 2030: IHS

A rapid increase in battery recycling capacity over the next decade will take the pressure off strained miners and could account for over 40% of cobalt supply by 2030, analysts at IHS Markit said on Thursday.

Battery recycling capacity to triple by 2030: IHS Battery recycling capacity to triple by 2030: IHS Battery recycling capacity to triple by 2030: IHS Battery recycling capacity to triple by 2030: IHS Battery recycling capacity to triple by 2030: IHS

The rise in EV use will drive demand for sustainably sourced battery materials

IHS said battery recycling capacity was forecast to rise from approximately 1 million tonnes in 2020 to 3.5Mt by 2030.