The results of a study conducted by Nomura Research Institute (NRI) reveal that the battery recycling business in Europe can become a profitable operation by 2025. During the European Union's Advanced Automotive Battery Conference, data calculated by NRI estimated that in Europe, the battery recycling industry can be profitable from 2025. So far, the industry's situation in bringing back to life the essential components of a battery in the old continent is still far from matching by sales revenue of the extracted materials, its Chinese counterpart. According to scrapmetalmonster.com, the cost of battery recycling is around 26 euros per kilowatt-hour in China. Meanwhile, in Europe, the same task is priced at 51/kWh
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