Is recycling lithium virtue signaling or greener/cheaper than mining?

The price of lithium carbonate is skyrocketing in response to demand for EVs (especially following the Inflation Reduction Act's EV tax incentives): https://www.axios.com/2022/09/21/lithium-prices-electric-vehicles-evs. Solid state batteries may reduce but not eliminate demand.

Ridwell is the only startup I can think of offering battery recycling as a service and it's just a fraction of their overall model.

Is lithium recycling from consumer electronics viable? "Green" in both senses of the word.