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> Not using current technology. You can't recycle lithium (for example) using smelting. It's also not very profitable.

Lithium is not a limiting resource for battery production, it's actually fairly common in the earth's crust. The limit is cobalt[1].

Extracting cobalt from a junked battery is orders of magnitude cheaper than mining and smelting it from the (very diffuse) ores that are available.

[1] Also, per the article, nickel, which surprises me so much that I suspect it's wrong. Per wikipedia nickel reserves are 30x yearly production, and of course new exploration and extraction techniques are always pushing the reserve number up.



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