The lithium itself is recyclable. However what’s the process for it? Is it so labor intensive that it makes recycling not worth it?
Remember: we were sold on the infinite recyclability of plastics. Yet look how that’s turned out. Industry did their own studies (in the 70s…), found recycling to not be cost effective (sorting issue, different types of plastic not recyclable, limited lifetime of plastic such that it could only be recycled a couple of times before becoming useless). Yet these companies still pushed this junk on us and we continue to live with those repercussions today.
Also battery packs are often packed with copious amounts of glue/adhesive and other items that don’t appear to be recyclable. Does that make the recycling process more difficult? As a battery pack in general, what can be recovered? What goes to the landfill?