Battery Materials Recovery Industry Profile
Prepared by Positive Economics Advisory, the report provides a comprehensive snapshot of Australia’s battery circular economy and underscores its strategic importance. Australia’s battery materials recovery industry is already delivering measurable impact, contributing $2.1 billion to the economy and supporting 19,450 jobs—with projections to grow to $6.9 billion and over 34,600 jobs by 2050.
Australian research - battery circular economy
Latest update 17 September 2025 - The iMOVE Second lives for electric vehicle batteries project is now complete. This project was researched by Edith Cowan University and commissioned by Insurance Australia Group (IAG) to help understand how total loss electric vehicles (where the vehicle is deemed to be not repairable after an insurance incident) can achieve their maximum economic value and also their maximum sustainability potential.
