• Black mass recycling market expected to grow from $5B (2025) → $32B by 2030
• Battery recycling market to hit $51B by 2033
• Recycling could supply:
  • 60% of cobalt
  • 53% of lithium by 2040

Twikk Insight:
Recycling is becoming a primary source of critical minerals, not secondary.

Strategic move:

• Focus on Black Mass trading + refining tie-ups
• Build collection → processing → export chain