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This is called black mass, made of rare metals recycled from lithium-ion batteries found in smartphones, laptops, and electric cars. Less than half of these batteries are ever recycled, posing a potential trash problem. While lead acid batteries from gas-powered cars are highly toxic, they are almost 100% recycled in the US due to strict laws. In contrast, lithium-ion batteries used in electric cars are larger and can explode, making them difficult to recycle. Lifecycles founders established the company in 2016 to address these safety challenges and find a safer way to manage this waste stream.