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    Lithium-ion battery Recycling Companies

    ID: MRFR/E&P/9102-CR
    200 Pages
    Chitranshi Jaiswal
    July 2025

    Focused on developing a patented hydrometallurgical process for lithium-ion battery recycling, American Manganese aims to offer a cost-effective, environmentally friendly solution for recovering critical battery metals.

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    Lithium-ion Battery Recycling Market Research Report—Global Forecast till 2035 Infographic
    Summary Table of Contents Segmentation Download PDF

    Top Industry Leaders in the Li-ion battery recycling Market

    Lithium-ion battery Recycling Key Company


    *Disclaimer: List of key companies in no particular order


    The market for recycling lithium-ion batteries is experiencing robust growth, driven by the increasing demand for electric vehicles (EVs) and growing concerns about environmental sustainability. As a result, there are dynamic changes in the competitive landscape, with established players solidifying their positions and new entrants seizing opportunities in emerging markets.


    Key Players and Strategies: Established Players: • Umicore • Glencore International AG • RetrieV Technologies Inc. • Raw Materials Company Inc. (RMC) • International Metals Reclamation Company LLC (INMETCO) • American Manganese Inc. • Sitrasa, Li-Cycle Corp. • Neometals Ltd • Recupyl Sas


    Emerging Players:

  • American Manganese Inc.: Focused on developing a patented hydrometallurgical process for lithium-ion battery recycling, American Manganese aims to offer a cost-effective, environmentally friendly solution for recovering critical battery metals. Their strategy involves forming strategic partnerships with battery manufacturers and recyclers to accelerate commercialization.

  • Redwood Materials: Founded by former Tesla CTO JB Straubel, Redwood Materials focuses on recycling lithium-ion batteries and critical materials from EVs and consumer electronics. Their closed-loop system uses proprietary technology to extract and remanufacture high-quality materials for use in new batteries.

  • Battery Resourcers: Committed to developing sustainable recycling technologies, Battery Resourcers employs a pyrometallurgical process that recovers valuable metals while minimizing environmental impact. Their strategy includes securing partnerships with battery manufacturers and end-users to establish a circular economy for battery materials.

    • Factors for Market Share Analysis: • Recycling Technology: The choice of recycling technology significantly impacts market share, with hydrometallurgical processes considered more efficient and environmentally friendly than pyrometallurgical methods. • Processing Capacity: The ability to process large volumes of used batteries is crucial for capturing a significant market share, positioning companies with higher processing capacity at an advantage. • Geographical Presence: Establishing operations in regions with high EV adoption rates and supportive regulatory frameworks is essential for market share expansion. • Partnerships and Collaborations: Strategic collaborations with battery manufacturers, automotive companies, and other stakeholders provide valuable resources and access to new markets. • Cost and Efficiency: Companies with lower operational costs and efficient recycling processes are better equipped to compete and attract customers.


    Overall Competitive Scenario: The competitive landscape is marked by intensified competition, technological advancements, an evolving regulatory landscape, a growing demand for recycled materials, and the increasing importance of strategic partnerships across the battery value chain.


    Latest Developments & Updates:

  • Umicore (October 26, 2023): Announced a partnership with BMW to establish a closed-loop battery recycling ecosystem for electric vehicles in Europe. The collaboration aims to recycle spent batteries from BMW EVs, recovering valuable materials for use in new batteries.

  • Glencore International AG (October 20, 2023): Signed an agreement with Redwood Materials to collaborate on lithium-ion battery recycling projects, leveraging Glencore's expertise in cobalt and nickel sourcing with Redwood's advanced recycling technology.

  • RetrieV Technologies Inc. (October 31, 2023): Reported third-quarter revenue of $13.6 million, attributing the growth to increased demand for its hydrometallurgical recycling technology from battery manufacturers and recyclers.

  • Raw Materials Company Inc. (RMC) (November 14, 2023): Announced the appointment of a new CEO with extensive experience in the battery recycling industry, signaling RMC's commitment to expanding its recycling operations and market share.

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