South Korea Expects Growth in Recycling of EV Battery Waste

---

Researched by Industrial Info Resources (Sugar Land, Texas)--The global recycling market for electric vehicle (EV) battery waste is expected to grow significantly, and South Korea aims to play a major role. South Korea's Chamber of Commerce and Industry predicts 20,000 tons of lithium, 21,000 tons of manganese, 22,000 tons of cobalt and 98,000 tons of nickel could be recovered by 2045.

Industrial Info's Metal & Mineral Industry researchers are tracking 26 projects related to the recycling of lithium-ion battery waste, including waste from EV batteries, across South Korea, totaling about US$775 million. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project and Plant databases can click here for a list of detailed project reports and click here for a list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).