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Supply Chain Insights: Recycling Raw Materials Volume of batteries sent to recycling centers expected to grow 4x by 2025 The recycling industry is in its nascent stages, and faces multiple obstacles on its path towards profitability and scale:
kilotons of lithium ion batteries sent for recycling by geography
Second life batteries
Low collection rate from the customer
Non-differentiated regulation between lead-acid and lithium-ion batteries
Input feedstock heterogeneity
Chemical process inefficiency
Competing priorities with battery life longevity push
*Source: BENCHMARK MINERAL INTELLIGENCE
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