ASX Today, page-34278

Put out by CSIRO

"The following statistics paint a picture of the challenge:The global market for lithium batteries reached nearly 250 GWh in 2020 and is predicted to increase 10 times more by 2030.

Electric vehicles and large stationary electrical energy storage are major contributors with the latter taking off rapidly in Australia.

Only 10% of Australia's lithium-ion battery waste was recycled in 2021, compared with 99% of lead acid battery waste. Lithium-ion battery waste is growing by 20 per cent per year and could exceed 136,000 tonnes by 2036

Lithium-ion batteries are a source of many valuable materials. If recycled, potentially 95% of battery components can be recovered for alternative use or may even be turned into new batteries

Before the 2019 introduction of a national ban on landfill followed by a 2022 battery collection system, only a small percentage of EoL Li-batteries was collected and shipped overseas for processing. Currently, there is very little capacity in Australia for processing Li-batteries and large volumes are stored in warehouses and scrap yards, creating a serious fire risk and potential for environmental contamination"

https://www.csiro.au/en/research/technology-space/energy/energy-in-the-circular-economy/battery-recycling

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