– The Role of Recycling in the Supply Chain of Critical Battery Materials
As the key driver of the transition away from a carbon-based economy, lithium-ion (Li-ion) batteries are used in a broad range of applications, including automotive, energy storage and consumer electronics. The world needs supply chain innovations to recycle these batteries locally and more sustainability to meet the rapidly growing demand for critical and scarce battery-grade materials and close the loop in this market. Li-Cycle is a clean technology company aiming to address this challenge and to support the industry in meeting the rapidly growing demand for critical battery materials. As one of few companies focused solely on recycling Li-ion batteries, the company has a unique insight into the challenges and opportunities of the industry, as well as the necessity for proper end-of-life logistics management. This presentation will explore the urgent need for creating a local and sustainable critical battery materials supply chain, while addressing the economic and sustainability challenges of Li-ion battery recycling, demonstrating how Li-Cycle Spoke & Hub Technologies are able to help overcome these industry challenges and close the loop for critical battery materials around the world.