Nowadays, millions around the world rely on portable electronics and electric cars to get around. Numerous modern gadgets are powered primarily by rechargeable lithium-ion batteries. The current study will examine the environmental and economic benefits of recycling lithium-ion batteries at the end of their useful lives. Lithium (Li), Cobalt (Co), and Manganese are the three most precious metals utilized in these batteries. This study is considered as the first comprehensive study and database dedicated to the United Arab Emirates hydrometallurgical recycling technique which was generated utilizing the Argonne National Laboratory's EverBatt cost model. It has been investigated the differences in costs between the various LIBs chemistries. We demonstrate a comparison between the recycling price of the LIBs in the United Arab Emirates and the recycling price of the same battery material in the United States. A number of different battery chemistries have been employed, including NMC (111), NCA, and LCO. The purpose of this study is to quantify the environmental impacts and costs associated with remanufacturing NMC111, NCA, and LCO battery cells and to compare them to the costs associated with manufacturing batteries from virgin materials in order to determine whether battery remanufacturing is feasible. The model is using the cost calculation from BatPaC as well as the environmental impact calculation from GREET to make its decisions. The amount of energy consumed, the amount of trash generated, and the recycling efficiency all have a significant influence on the environmental advantages and economic sustainability of LIB recycling. As a result, EverBatt model was utilized to analyze the particular LIB disassembly procedure in terms of these factors. We will compare the pricing of recycling LIBs at recycling facilities in the United Arab Emirates and the United States. We will examine different recycling process with different recycling fractions ranging from 80% to 100%, as well as varied annual throughput volumes of 8,000, 10,000, and 12,000 tonnes, respectively. Additionally, many prices or different recycling techniques are compared, including pyrometallurgy and hydrometallurgy.