Should you sell or buy old Lithium-ion batteries?

With the average battery only set to last eight years, some of those 2017 batteries could need to be replaced and disposed of by 2025. Battery users tend to substitute their expired batteries after aging, overuse, or overcharging occurs. Once this happens, the process to sell or buy scrap lithium-ion batteries becomes significant.

Where to buy lithium batteries?

Where you buy your lithium batteries will likely depend on the application and type of battery you need. For instance, you can find AA lithium batteries in most brick-and-mortar stores. But 12-volt deep-cycle lithium marine batteries and RV lithium batteries aren’t as commonly found.

Can you recycle lithium ion batteries?

Recyclers sell or buy scrap lithium-ion batteries after aging, overuse, or overcharging occurs in batteries. Scrap lithium-ion batteries have a potential recycling value that can turn waste into profit. The market for recycling lithium-ion batteries alone could be worth $18 billion annually by 2030, Statista estimates, up from $1.5 billion in 2019.

Why are lithium-ion batteries so expensive?

Lithium-ion batteries are costly to produce and this is because of the high material cost and complex preparation processes. Therefore, obsolete, or spent lithium-ion batteries can have a positive impact on the economy and environment when transported to a recycling center.

How are lithium ion batteries put in a specialized room?

Lithium-ion batteries are put in a specialized room that is oxygen-free. Hydrometallurgy is the process of extracting metals from ores. Next, the leaching process refers to the process of using aqueous solutions to extract metal from other metal-bearing materials.

Are rechargeable batteries recyclable?

Each year, more and more companies enjoy the convenience of rechargeable batteries. Interco performs responsible recycling of the batteries that power these products. The process can divert millions of pounds of potentially harmful metals from landfills and help preserve valuable natural resources.