North America Lithium-Ion Battery Recycling Market

The North America lithium-ion battery recycling market is projected to grow from USD 2.43 billion in 2025 to USD 7.38 billion by 2032, at a CAGR of 17.2% during the forecast period. The North American lithium-ion battery recycling market is rapidly growing due to the increasing penetration of electric vehicles, growing requirement of crucial materials such as lithium, nickel, and cobalt, and stricter regulations necessitating a circular battery supply chain. The increase in consumer electronics waste is forcing OEMs and battery manufacturers to collaborate with recyclers, which also supports the market growth.

Redwood Materials, Inc. (US), Cirba Solutions (US), RecycLiCo Battery Materials Inc. (Canada), ECOBAT (US), and American Battery Technology Company (US) fall under the winners’ category. These are leading players in the North American lithium-ion battery recycling market according to their revenue, production capacity, technological innovation, and market presence.

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Redwood Materials Inc. (US)

Redwood Materials Inc. is engaged in recycling, refining, and remanufacturing battery materials. Its recycling process is suitable for handling lithium-ion batteries and nickel-metal hydride batteries. The company focuses on various chemicals and metals, including lithium, manganese, iron, cobalt, nickel, copper, palladium, silver, tin, platinum, and gold.

Redwood recycles batteries, battery packs, production scraps, and consumer electronics such as phone batteries, laptops, computers, power tools, power banks, and electric vehicle batteries. Lithium, copper, cobalt, and nickel were recovered at a yield greater than 95%. Later, these metals are remanufactured into the battery-grade anode and cathode active materials for application in new batteries. The company has arranged numerous collection bins in retail locations across North America. To scale up, Redwood has partnered with several automakers, including Volvo, Ford, Panasonic, Audi, and Volkswagen. The company is certified with ISO 45001 and ISO 14001 standards. It has a strong operational presence across the US.

Cirba Solutions (US)

Cirba Solutions is a combined entity representing Retriev Technologies, Heritage Battery Recycling, and Battery Solutions. In October 2021, Retriev Technologies merged with Heritage Battery Recycling to become the largest lithium-ion battery recycler in North America. In the same month, the company acquired Battery Solutions, a leading provider of sustainable, end-to-end management solutions for end-of-life batteries.

Cirba Solutions is the most comprehensive recycler of alkaline, lithium-ion, NiCad, NiMH, primary lithium, and lead acid batteries. It employs an automated recycling process, known as a battery breaker, to recover various lead-acid battery components, including plastic. Also, the company can recycle lithium-ion batteries with all battery chemistries. Through its hydrometallurgical and/or pyrometallurgical treatment, it recovers metals such as Ni-Fe alloy, lead, lithium, iron, cobalt, nickel, and plastics from spent batteries. It has six processing locations, including two lithium-ion operations across North America. Through its recycling business, the company serves a wide range of industries, including automotive, telecommunications, retail, healthcare, government, industrial, and military. Some of the automotive clients of Cirba Solutions are Tesla, Toyota, Volkswagen, Audi, Volvo, Hyundai, Chrysler, GM, BMW, Mitsubishi, Bosch, Mercedes, Ford, Porsche, and Nissan. The company also serves other electronic clients, such as Saft, XALT Energy, Johnson Controls, A123 Systems, Hitachi, and LG Chem.

RecycLiCo Battery Materials Inc. (Canada)

Element RecycLiCo Battery Materials Inc., earlier known as American Manganese Inc., recycles battery cathode waste in lithium-ion batteries. It accepts various battery chemistries, including lithium iron phosphate (LFP), lithium manganese oxide (LMO), nickel manganese cobalt (NMC), nickel cobalt aluminum (NCA), and lithium cobalt oxide (LCO). The company recycles cathode scrap or black mass by applying its patented hydrometallurgical cathode recovery process: The RecycLiCo Patented Process can extract up to 100% of lithium, nickel, manganese, and cobalt. These extracted metals are upcycled into higher-value battery materials used in new lithium-ion battery production. Also, the company is interested in exploring and developing minerals and operates mainly in North America.

ECOBAT (US)

Ecobat is involved in producing lead and lead alloys, and the recycling of batteries. The company operates through four reportable divisions: resources, logistics, battery, and solutions. The resources division includes the recycling of spent lead-acid batteries, while the solutions division covers the recycling & resource recovery of lithium-ion and other battery chemistries through the lithium services sub-category. Its capabilities include battery collection, discharge & diagnostics, dismantling, crushing/sorting, and recycling management. Ecobat receives approximately 120 million batteries each year. The company operates more than 15 facilities, 14 smelters, three lithium-focused units, a collection truck fleet, and approximately 65,000 battery collection points. Its battery recycling business is primarily operational in Darlaston (UK) and Hettstedt (Germany) in Europe. Also, the company develops polypropylene-recyclate to support the polymer industry. It has an active presence across Europe, North America, South America, and Africa.

American Battery Technology Company (US)

American Battery Technology Company (ABTC) is an integrated battery materials company. It is engaged in lithium-ion battery recycling, primary metals manufacturing, and primary resource development. It recycles lithium-ion batteries to cathode-grade material, which serves various applications in batteries that power electric cars, grid storage applications, consumer electronics, and power tools. The company employs its advanced hydrometallurgical process and has a processing capacity of 20,000 metric tons of lithium-ion batteries per annum. Its pilot plant is expected to scale up to 100,000 metric tons of lithium-ion batteries per year. The company relies on BASF, C4V, the US Advanced Battery Consortium, General Motors, Ford, Chrysler, Stellantis, and the US Department of Energy for secondary resources.

Market Ranking

In the North America lithium-ion battery recycling market, companies are ranked based on revenue, production capacity, technological innovation, and market presence. Leading players such as Red Wood Materials, Inc. (US), Cirba Solutions (US), RecycLiCo Battery Materials Inc. (Canada), ECOBAT (US), and American Battery Technology Company (US) are playing a crucial role in supply, accounting for a significant share of the total North America lithium-ion battery recycling market.

Related Reports:

North America Lithium-ion Battery Recycling Market by Source (Automotive, Non-Automotive), Battery Chemistry (LFP, NMC, LMO, NCA, LTO), Component, Recycling Process (Hydrometallurgical, Pyrometallurgy, Physical/Mechanical), and Country - Forecast to 2032

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