ABI Research has found that announced battery recycling capacity currently outstrips potential feedstock from end-of-use batteries 4:1, implying dire consequences for companies within the space. The difficulties yet to be seen by the recycling industry have already been felt by Li-Cycle, which has now been effectively absorbed by Glencore for an initial $75 million investment. This is unlikely to be the only example of industry consolidation as companies assess their options, whether that be acquisition as the case with Li-Cycle, or the more likely option of reducing nameplate recycling production capacity to closer meet demand. The battery recycling industry seems to be following much the same fate as the cell manufacturing industry, seeing vast overcapacity because it’s one of the…