The Circular Battery Economy Set to Surge to Nearly $78 Billion ...Middle East

Economy by : (OILPRICE) -
As the global energy transition accelerates, the race to secure critical minerals is shifting from remote mines to battery recycling facilities.  A new report projects the global circular battery economy will surge from $23.29 billion in 2024 to nearly $78 billion by 2032. However, this aggressive growth forecast comes amid a turbulent period for the industry, characterized by volatile commodity prices and a race to build infrastructure before a tidal wave of spent electric vehicle (EV) batteries hits the market. From Environmental Niche to…

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