Battery recycling industry faces risks due to underpriced recycling system: Experts
Battery recycling industry is facing risks due to underpriced recycling system, which may lead to entry of fraudulent players and environmental disasters, experts said making a case of raising the threshold for achieving sustainable level of circular economy.
Some industry experts warn that the current pricing structure could cost India an estimated USD 1 billion in foreign exchange losses for import of critical minerals like lithium, cobalt, and nickel. Image: Pixabay