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Secondary battery recycling refers to the process of salvaging materials from spent rechargeable batteries to reuse in the production of new batteries or other products. This practice is crucial within the context of battery technology as it addresses the environmental and resource conservation concerns associated with the disposal of batteries. As the demand for battery-powered devices and electric vehicles continues to rise, the generation of used batteries increases, necessitating effective recycling processes to manage the potential waste. Secondary battery recycling not only reduces the environmental impact of battery disposal but also lessens the reliance on raw materials through recovery of valuable metals such as lithium, cobalt, nickel, and others.
The industry is supported by advancements in recycling technologies and evolving regulations promoting responsible end-of-life battery management. Innovations in this sector focus on improving the efficiency of recycling methods and the purity of recovered materials to ensure their feasibility for reuse in high-quality battery production.
Some notable players in the secondary battery recycling market include Umicore, Retriev Technologies, Li-Cycle Corp, Battery Recycling Made Easy (BRME), and American Manganese Inc. These companies offer various solutions for the recycling of different battery chemistries, demonstrating a commitment to advancing sustainable practices in the realm of battery technology. Show Less Read more