Yes, batteries are getting better at such a rate that you can recycle old batteries at end of life, lose 10% of the material in that process and build a new battery with new tech and less material that is better than the original.

The resource extraction issue is more than these are so useful we're going to build an ever growing amount of them.

Luckily they're made from widely available materials, with even more widely available substitutions possible e.g sodium batteries.