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What is battery recycling?
Battery recycling refers to the recovery of minerals from electric-vehicle battery cells and consumer electronics (e.g. cell phones, laptops, power tools, e-bikes/scooters). Battery recycling firms collect expired cells and scraps from their partners, process the waste to extract key minerals (e.g. nickel, cobalt, lithium, copper), and then may sell the materials back to those same businesses for new products. For EV automakers, battery recycling is a major piece of the puzzle in securing a supply of batteries (the most complex and expensive part of an EV) and battery materials, and ultimately drive down their costs.