Just look at the bigger picture.
Global powers, including the EU, want to secure supplies of critical metals to ensure their own survival.
These Are The Critical Minerals To China, EU, & US National Security | ZeroHedge
Graphite.
Lithium.
Copper.
Cobalt.
Nickel.
Manganese.
RIL holds the key, below is what can be recycled from batteries.
Products - Primobius
Below are the economics. Remember RIL plans to build a Stage 1 or Spoke plant first before building a Stage 2 or Hub plant.
NEOMETALS LTD (ASX:NMT) - Ann: Primobius - 50tpd Hub Engineering Cost Study Results, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Metalfer has aspirations for a Hub.
From the Prospectus.
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RIL battery recycling discussion, page-10
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