In this article, we will list the 5 Best Battery Recycling Stocks to Buy. Please visit 10 Best Battery Recycling Stocks to Buy if you’d like to see an extended list and the methodology behind it.
5. Electra Battery Materials Corporation (NASDAQ:ELBM)
Electra Battery Materials Corporation (NASDAQ:ELBM) is one of the Best Battery Recycling Stocks to Buy. On June 4, Electra awarded a structural, mechanical, and piping construction package valued at about C$12.4 million to Ontario-based Kilmarnock Enterprises for work at its cobalt sulfate refinery complex north of Toronto. The package covers refinery retrofit, installation, and commissioning-readiness work across multiple process areas, including concrete and civil work, structural steel, process equipment installation, piping fabrication, and commissioning support.
Electra said it has now awarded about C$46 million in refinery-related construction packages, with most major construction packages in place and the project remaining in line with the budget and schedule announced in February. The refinery is central to Electra’s North American battery-materials platform, while its battery-recycling exposure comes from black mass opportunities tied to end-of-life lithium-ion batteries. Electra said it is advancing black mass recycling opportunities to recover critical materials from end-of-life batteries alongside cobalt refining and other downstream battery-materials work.
Electra Battery Materials Corporation (NASDAQ:ELBM) is a Canada-based battery materials company developing capabilities in cobalt refining, battery-grade nickel refining, and battery recycling for the North American battery supply chain.
4. Aqua Metals, Inc. (NASDAQ:AQMS)
Aqua Metals, Inc. (NASDAQ:AQMS) is one of the Best Battery Recycling Stocks to Buy. On June 11, Aqua Metals said it was selected as the industrial partner on a U.S. Department of Energy-funded research program led by Idaho National Laboratory to advance next-generation battery recycling technologies. The project will evaluate electrochemically driven alternatives to conventional solvent extraction for separating nickel and cobalt from lithium-ion battery recycling streams. Aqua Metals will contribute battery recycling expertise, pilot-scale operating experience, and infrastructure from its Tahoe-Reno Innovation Center.
The company said the program supports its broader effort to reduce reliance on chemical-heavy refining methods by using electrochemical process integration and reagent regeneration. Aqua Metals also said its AquaRefining platform has been demonstrated at pilot scale on multiple battery chemistries using real battery-derived feedstocks, including lithium iron phosphate and nickel manganese cobalt batteries. The company does not expect the project to materially affect near-term financial results, but the selection adds federal validation to its recycling technology platform.
Aqua Metals, Inc. (NASDAQ:AQMS) is a Nevada-based company focused on lithium battery recycling and critical minerals recovery through its AquaRefining technology platform.
3. American Resources Corporation (NASDAQ:AREC)
American Resources Corporation (NASDAQ:AREC) is one of the Best Battery Recycling Stocks to Buy. On June 17, American Resources said its wholly owned subsidiary, Electrified Materials Corporation, joined NAATBatt International, a North American trade group focused on advanced battery technology. The move followed EMCO’s May 28 procurement of its first battery-shredding line, which lends the update more operational weight than a standard industry membership announcement.
EMCO is building front-end battery recycling and conditioning capacity for end-of-life, off-warranty and off-spec lithium-ion batteries, including lithium iron phosphate batteries, a chemistry that has historically been more difficult for recyclers because it lacks high-value nickel and cobalt. American Resources said EMCO’s role covers aggregation, logistics, safe disposition, storage, shredding, pre-processing and feedstock conditioning. Downstream refining is handled through ReElement Technologies, which focuses on producing high-purity battery and critical-mineral products. That structure connects American Resources to the battery recycling chain from battery intake and shredding through preparation for refined material recovery.
American Resources Corporation (NASDAQ:AREC) is an Indiana-based critical minerals company with operations and investments across recycling, rare earth and battery-material processing, mineral feedstock aggregation, and downstream refining through its relationship with ReElement Technologies.
2. American Battery Technology Company (NASDAQ:ABAT)
American Battery Technology Company (NASDAQ:ABAT) is one of the Best Battery Recycling Stocks to Buy. On June 8, American Battery Technology Company said it won its appeal with the U.S. Department of Energy and had its grant reinstated for a $115 million commercial-scale critical-mineral lithium refinery project at Tonopah Flats. The company said the reinstatement came with no change to the awarded funds, technical and commercial milestones, or project scope, with only the contracted schedule updated to reflect time spent in review.
The refinery is planned as the first phase of the Tonopah Flats Lithium Project and was initially designed for 5,000 tonnes per year of battery-grade lithium hydroxide. American Battery Technology Company said it had already completed the first two years of the grant before receiving a termination notice in October 2025 and entering the informal dispute resolution process. The company’s fit with battery recycling stems from its integrated model, which combines primary lithium development with internally developed technologies for secondary critical-mineral recycling.
American Battery Technology Company (NASDAQ:ABAT) is a Nevada-based critical minerals company commercializing lithium-ion battery recycling, primary battery-metal extraction, and battery-grade lithium refining technologies.
1. EnerSys (NYSE:ENS)
EnerSys (NYSE:ENS) is one of the Best Battery Recycling Stocks to Buy. On June 9, EnerSys introduced DataSafe Noir, a lithium-based energy storage system for data center power. The company said the system is built for real-world and dynamic load conditions, including high-density environments where AI-driven workloads can create variable power demand. EnerSys said DataSafe Noir is available immediately and delivers more than 2x output power and over 1.7x greater energy and capacity compared with publicly available specifications for leading lithium systems.
The platform expands EnerSys’ data center portfolio beyond its established DataSafe Thin Plate Pure Lead battery technology, giving customers both traditional lead-acid and advanced lithium-based options from one supplier. EnerSys is not a pure-play battery recycler, but its battery-recycling link is part of its product lifecycle model rather than a side label. The company says its recycling initiatives aim to recover every battery it sells and return materials to the battery supply chain.
EnerSys (NYSE:ENS) is a Pennsylvania-based stored-energy solutions company that manufactures batteries, chargers, power equipment, and related systems for industrial, infrastructure, data center, transportation, aerospace, defense, and energy applications.
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