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Battery Metals
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IEA Projects Battery Recycling Could Meet 25% of Lithium and Nickel Demand by 2050

The International Energy Agency (IEA) estimates that battery recycling could fulfill 25% of lithium and nickel demand, and 40% of cobalt demand by 2050. This shift is expected to alleviate pressure on the battery materials supply chain, although substantial investments in new mining operations will still be necessary. Recycling will play a critical role in recovering materials from manufacturing scrap in the short term, with a focus on end-of-life batteries post-2035. Effective scaling of recycling facilities and collection rates is essential to meet national climate targets and reduce emissions related to electric vehicles.

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Lithium Prices Unlikely to Recover in 2025

Battery Recycling Projected to Supply 25% of Lithium and Nickel Demand by 2050, Says IEA

IEA Projects Battery Recycling Could Meet 25% of Lithium and Nickel Demand by 2050

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