The North America Li-ion Battery Recycling market was valued at US$ 1.2 billion in 2023 and is projected to reach US$ 3.8 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 18.7% during the forecast period (2023-2030). This rapid expansion is driven by increasing EV adoption, stringent environmental regulations, and the strategic importance of recovering critical battery materials like lithium, cobalt and nickel.
As North America accelerates its electrification transition, battery recycling has emerged as a crucial link in the sustainable energy value chain. In this analysis, we profile the Top 10 Companies in the Li-ion Battery Recycling Market – a mix of established processors, innovative startups, and vertically integrated manufacturers transforming spent batteries into valuable materials.
🔟 1. Li-Cycle Holdings Corp.
Headquarters: Toronto, Canada
Key Offering: Hydrometallurgical recycling, black mass production
Li-Cycle has pioneered a patented two-stage recycling process that achieves industry-leading recovery rates of 95%+ for battery materials. Their spoke-and-hub model processes batteries at decentralized facilities before refining materials at centralized locations.
Sustainability Initiatives:
- Operates 4 operational Spoke facilities in North America
- Rochester Hub (NY) becoming operational in 2023
- Strategic partnerships with LG Energy Solution and Ultium Cells
Download FREE Sample Report: North America Li-ion Battery Recycling Market – View in Detailed Research Report
9️⃣ 2. Redwood Materials
Headquarters: Carson City, Nevada, USA
Key Offering: Closed-loop cathode material production
Founded by former Tesla CTO JB Straubel, Redwood is building one of North America’s most comprehensive battery material ecosystems. Their processes recover 95%+ of key battery metals for direct reuse in domestic battery production.
Sustainability Initiatives:
- $1 billion investment in Nevada recycling campus
- Partnerships with Panasonic, Ford, and Volvo
- Plans to produce anode and cathode materials from recycled content
8️⃣ 3. Cirba Solutions
Headquarters: Charlotte, North Carolina, USA
Key Offering: Full lifecycle battery management
With over three decades of battery recycling experience, Cirba Solutions (formerly Retriev Technologies) operates the largest lithium-ion battery recycling network in North America, processing all battery chemistries.
Sustainability Initiatives:
- 8 processing facilities across US and Canada
- Recovering 100M+ pounds of battery materials annually
- Zero waste to landfill commitment
7️⃣ 4. American Battery Technology Company
Headquarters: Reno, Nevada, USA
Key Offering: Integrated recycling and primary production
ABTC has developed innovative hydrometallurgical processes to recover battery-grade materials from both end-of-life batteries and primary mineral resources, creating a sustainable domestic supply chain.
Sustainability Initiatives:
- DOE-funded $4.5M battery recycling project
- Licensed proprietary recycling technologies
- 90%+ recovery rates for critical minerals
6️⃣ 5. Ascend Elements
Headquarters: Westborough, Massachusetts, USA
Key Offering: Hydro-to-Cathode direct recycling
Ascend Elements (formerly Battery Resourcers) has developed breakthrough technology that converts spent lithium-ion battery materials directly into new cathode active materials.
Sustainability Initiatives:
- $480M DOE grant for Kentucky facility
- Demonstrated 93% lower emissions than virgin cathode production
- Partnerships with multiple automotive OEMs
Download FREE Sample Report: North America Li-ion Battery Recycling Market – View in Detailed Research Report
5️⃣ 6. Aqua Metals
Headquarters: Reno, Nevada, USA
Key Offering: AquaRefining technology
Aqua Metals has pioneered an electro-hydrometallurgical process that replaces smelting with room-temperature recycling, producing higher purity materials with lower emissions.
Sustainability Initiatives:
- 91% reduction in carbon footprint compared to smelting
- Partnership with 6K Energy for material recovery
- Expanding into lithium-ion battery recycling
4️⃣ 7. Onto Technology
Headquarters: Bend, Oregon, USA
Key Offering: Battery lifecycle management
Onto provides comprehensive solutions for EV batteries, from initial deployment to second-life applications to final recycling, maximizing value at each stage.
Sustainability Initiatives:
- Nationwide collection and logistics network
- Battery health analytics platform
- Partnerships with major fleet operators
3️⃣ 8. Ecobat
Headquarters: Dallas, Texas, USA
Key Offering: Large-scale battery collection
As the world’s largest lead-acid battery recycler, Ecobat is rapidly expanding its lithium-ion battery recycling capabilities through acquisitions and new facilities.
Sustainability Initiatives:
- 24 processing facilities across North America
- Processing 80M+ pounds of battery materials annually
- $300M investment in Li-ion capacity expansion
2️⃣ 9. Li Industries
Headquarters: Blacksburg, Virginia, USA
Key Offering: Low-energy direct recycling
This innovative company has developed a novel process that separates and regenerates battery materials without intensive chemical treatments or high temperatures.
Sustainability Initiatives:
- 30% lower energy consumption than conventional methods
- Partnership with Virginia Tech for process optimization
- Strategic collaborations with battery manufacturers
1️⃣ 10. Call2Recycle
Headquarters: Atlanta, Georgia, USA
Key Offering: Consumer battery collection network
As North America’s largest consumer battery recycling program, Call2Recycle provides accessible collection points and responsible processing for all battery types.
Sustainability Initiatives:
- 30,000+ public drop-off locations
- Processed 7M+ kg of batteries in 2022
- Zero waste to landfill policy
Get Full Report Here: North America Li-ion Battery Recycling Market – View in Detailed Research Report
⚡ Outlook: The Future of Battery Recycling in North America
The North American battery recycling industry is entering a transformative phase, driven by the Inflation Reduction Act and growing EV adoption. The market is projected to grow nearly 4x by 2030 as recycling becomes critical for domestic battery supply chains.
📈 Key Market Trends:
- Massive capacity expansions with 10+ facilities under construction
- Shift toward direct recycling to preserve cathode materials
- Growing OEM involvement in closed-loop systems
- Development of regional recycling hubs near gigafactories
Get Full Report Here: North America Li-ion Battery Recycling Market – View in Detailed Research Report
The companies profiled above are building North America’s circular battery economy – transforming waste into valuable resources for the clean energy transition.
