ICBR 2023: Jereh Offers Direction on Lithium-ion Battery Recycling
VALENCIA, Spain, Sept. 7, 2023 /PRNewswire/ -- Jereh Environmental Protection Technology Co., Ltd ("Jereh Enviro" or "the company"), an innovative environmental protection technology provider, showcased its cutting-edge solutions for Lithium-ion Battery recycling at ICBR 2023.
- VALENCIA, Spain, Sept. 7, 2023 /PRNewswire/ -- Jereh Environmental Protection Technology Co., Ltd ("Jereh Enviro" or "the company"), an innovative environmental protection technology provider, showcased its cutting-edge solutions for Lithium-ion Battery recycling at ICBR 2023.
- According to Global Forecast to 2031, lithium-ion battery recycling market is projected to experience significant growth, reaching USD 35.1 billion by 2031, with a compound annual growth rate of 20.6% during that period.
- With an effective battery recycling process, the materials involved can enter a closed loop to help address the supply shortage in sustainably-sourced battery metals.
- However, the high cost of recycling and dearth of recycling technologies have limited the expansion of this market.