While the cost of fully recycling a lithium-ion battery is about €1 per kilogram, the value of the raw minerals reclaimed from the process is only about a third of that.Another way to look at the cost of extraction of lithium from old batteries is that it is 5 times more expensive than mined lithium. https://www.instituteforenergyresearch.org/renewable/the-afterlife-of-electric-vehicles-battery-recycling-and-repurposing/