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batteries at EOL, the chemistry is critically important as some materials – like cobalt – are very valuable, whereas others offer little or no value to the traditional recycler. It should be noted that the price of cobalt dropped significantly in 2018 as a result of a temporary over-supply, but generally the trend is expected to increase. Figure 5 presents a projection by Benchmark Minerals Intelligence that anticipates a substantial move to NMC chemistries by 2026, with the ideal NMC chemistry being NMC811. NeoMetals (described in Section 5) presented this outlook to investors in March, 2019. Figure 5 Cathode Trends in Lithium Battery Megafactories, 2016 to 202825 Figure 6 presents a projection of the share of cathode technologies by 2025, which was published by T&D world in February, 2019. 25 Neometals Presentation at Euroz Institute, March, 2019PDF Image | Reuse and Recycling of Batteries Employed in Electric Vehicles
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