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I believe that the recycling of Lithium batteries will not be a problem, because we have time on our side. The majority of EV battery packs are good for 10+ years.There are many companies like LIT Lithium Australia that are making recycling part of their long term business plan and have patented technologies.And then there's the life cycle of the batteries; when no longer viable for EVs they are repurposed for electricity storage packs, like the one in SA built by Tesla, and home power storage.Now is the time time for investors to look for the companies that will be able to take advantage of the battery future and recycling.Maybe we can make a list of listed companies. I've been a holder of LIT for several years, they have the technology, now they just need o implement it on a large scale.
I believe that the recycling of Lithium batteries will not be a problem, because we have time on our side. The majority of EV battery packs are good for 10+ years.
There are many companies like LIT Lithium Australia that are making recycling part of their long term business plan and have patented technologies.
And then there's the life cycle of the batteries; when no longer viable for EVs they are repurposed for electricity storage packs, like the one in SA built by Tesla, and home power storage.
Now is the time time for investors to look for the companies that will be able to take advantage of the battery future and recycling.
Maybe we can make a list of listed companies. I've been a holder of LIT for several years, they have the technology, now they just need o implement it on a large scale.
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