The global lithium-ion battery recycling market size is expected to gain market growth with a CAGR of 36.5% in the forecast period of 2020 to 2025.
China alone will generate 500,000 metric tons of used li-ion batteries.
By 2030, the worldwide number will hit 2 million metric tons per year.
Only 5% of batteries
are currently recycled.
EVSX Corp, a subsidiary of St-Georges Eco-Mining, has a simple, but important mission. Electric vehicles are our future. But rare earth minerals used to make EV batteries are growing scarce. Our next-gen technology recycles nickel, cobalt and lithium from old batteries.