Battery Recycling Could Add $6.9 Billion to Australia’s Economy

Australia’s growing stockpile of EV and e-bike batteries could drive a massive recycling industry by 2050, a new report finds.

A woman grabs an electric scooter for hire in Perth, Western Australia, on March 18, 2024. Susan Mortimer/The Epoch Times

Australia’s growing stockpile of used batteries could create a $6.9 billion recycling industry and support more than 34,000 jobs by 2050, according to a new report released in Canberra.

The findings were released on March 12 in a report commissioned by the Association for the Battery Recycling Industry.