The lead smelting and refining industry may experience growth in the recycling sector. Recycling lead from spent batteries and other sources is both environmentally sustainable and cost-effective. Companies in the lead industry are likely to invest in advanced recycling technologies to improve efficiency and reduce environmental impact. The lead-acid battery market is a significant driver of lead demand, particularly in automotive, industrial, and renewable energy applications. Growth in electric vehicles (EVs) and renewable energy storage systems could drive increased demand for lead-acid batteries, positively impacting lead smelting and refining.