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Current recycling capacity remains limited due to technological challenges in lithium extraction from used batteries and economic viability constraints at current price levels. However, sustained higher lithium prices could accelerate recycling technology development and deployment.
Ganfeng Lithium shares gained 7.48%, Chengxin Lithium increased 10.01%, and Tianqi Lithium rose 9.87% following demand growth forecasts from industry executives. Governments and corporations increasingly recognise lithium supply chain security as a strategic imperative comparable to energy security considerations.
However, the battery-grade lithium refinery capacity remains a critical bottleneck. Additionally, countries like India are developing comprehensive india lithium supply strategy programmes to secure long-term access to these essential materials. BESS Development Indicators: • 2030 Capacity Target: 1.5-2.5 terawatt-hours globally