Battery recycling is projected to meet 25% of lithium and nickel demand and 40% of cobalt demand by 2050, according to the International Energy Agency (IEA). This shift aims to alleviate pressure on the battery materials supply chain, though significant investments in new mining operations will still be necessary. The IEA emphasizes that recycling will be crucial for recovering materials from manufacturing scrap in the short term, with a focus on end-of-life batteries post-2035. Effective recycling efforts could help achieve national climate targets while reducing emissions associated with electric vehicles.