According to Mysteel survey, a total of 29 new battery recycling/repurposing projects reported progress in December 2023, with a combined capacity of more than 1.2 million tonnes/year, based on the available data.
For comparison, around 0.5 million tonnes waste lithium batteries were dismantled through 2023, based on Mysteel survey samples which cover around 70% of the operating capacities.
Written by Aggie Hu, huchenying@mysteel.com