US Lithium-ion Battery Recycling Market

The US lithium-ion battery recycling market is projected to grow from USD 1.48 billion in 2025 to USD 3.83 billion by 2032, at a CAGR of 14.6% during the forecast period. The battery recycling industry in the US is growing rapidly. The increasing use of lithium-ion batteries in a wide range of applications, such as electronics, electric vehicles, and energy storage, has resulted in the establishment of recycling plants and the creation of technological solutions capable of meeting the two-fold requirement of being eco-friendly and secure in terms of material supply. One important factor in the recycling process of lithium batteries is the collection, treatment, and separation of metals, namely lithium, cobalt, nickel, and manganese, from the batteries, thus reducing the need for mining of new materials and mitigating the impact on the environment.

Cirba Solutions (US), American Battery Technology Company (US), Ecobat (US), Aqua Metals, Inc. (US), and Redwood Materials (US) fall under the winners' category. These are leading players in the US lithium-ion battery recycling market. These players have adopted strategies such as acquisitions, expansions, and partnerships to increase their market share.

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Cirba Solutions (US)

Cirba Solutions is a leading company in the waste management industry that recycles batteries and processes materials. It recycles every possible material from batteries, including the steel casing, base materials, plastics, and packaging. It is a comprehensive recycler of alkaline, lithium-ion, NiCad, NiMH, and lead-acid batteries. The company can recycle lithium-ion batteries of all battery chemistries. Using pyrometallurgical and hydrometallurgical treatments, it recovers metals such as lithium, iron, cobalt, and nickel, and plastics from spent lithium-ion batteries.

It has six processing locations, including two lithium-ion operations across North America. The company serves the automotive, telecommunications, retail, healthcare, government, industrial, and military sectors. 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, LG Chem, and others.

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. It primarily operates in the US.

Ecobat (US)

Ecobat manufactures lead, lead alloys, and recycles batteries. The company operates through four reportable divisions: resources, logistics, battery, and solutions. Ecobat Solutions division covers recycling & resource recovery of lithium-ion and other battery chemistries through the lithium services subcategory. Its capabilities include lithium-ion battery collection, discharge & diagnostics, dismantling, crushing/sorting, and recycling management.

The company operates 14 smelting sites, three lithium-focused facilities, a collection truck fleet, and approximately 65,000 battery collection points. Its battery recycling business primarily operates in Darlaston (UK) and Hettstedt (Germany) in Europe. It has an active presence across Europe, North America, South America, and Africa.

Aqua Metals, Inc. (US)

Aqua Metals, Inc., is a metals recycling company with its patented hydrometallurgical AquaRefining technology. The company offers equipment supply, services, and licensing of the AquaRefing technology to recyclers across the globe. Aqua Metals operates a battery recycling facility and recovers a full suite of valuable metals and minerals in spent lithium batteries. The company produces lithium hydroxide, nickel, cobalt, copper, and manganese dioxide, and it scales production at the pilot facility to 75 tons per year of recycled battery materials.

Redwood Materials (US)

Redwood Materials Inc. recycles, refines, and remanufactures 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 scrap, and consumer electronics such as phone batteries, laptops, computers, power tools, power banks, and electric vehicle batteries. The company's recycling process recovers lithium, copper, cobalt, and nickel. Later, these metals are remanufactured into 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. Redwood has partnered with several automakers, including Volvo, Ford, Panasonic, Audi, and Volkswagen. It has a robust operational presence across the US.

Market Ranking

Cirba Solutions is the most significant, well-established recycler in the industry, aided by a substantial Department of Energy support and a growing number of processing facilities mainly focused on recycling solutions that are both safe and scalable. Redwood Materials is the most notable and fastest-growing company in the US lithium-ion battery recycling market. It is also one of the most recognized for its cutting-edge recycling and material recovery technologies and strong domestic partnerships with major OEMs (Original Equipment Manufacturers) and tech companies. American Battery Technology Company is not too far behind. It relies on patented hydrometallurgical and closed-loop recycling systems to extract battery metals. Ecobat's role in the US recycling market is very important; the company is not only expanding its sales of battery materials but also supporting wider domestic eco-friendly recycling initiatives. Aqua Metals, Inc. completes with its advanced refining technologies designed to obtain high-purity lithium and other metals.

Related Reports:

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

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