The Next Big Battery Material Squeeze Is Old Batteries

A global rush into battery recycling is good news for automakers worried about future raw material supplies. But the wave of new factories poses a big risk for the recycling industry itself: there’s nowhere near enough scrap yet to feed them all. “Nobody is really looking at each other, and they seem to think there will be a lot of scrap and end-of-life batteries,” Hans Eric Melin, the founder of Circular Energy Storage, said by phone. “But if you look at the level of capacity that’s coming online, it’s huge in relation to what we need.”

Read the article here.