New processes for recycling valuable materials from used lithium-ion batteries (LIBs) need to be developed. This is critical to both meeting growing global demand and mitigating the electronic waste crisis. In contrast to the use of reagent-based processes, this work shows the results of testing a hybrid electrobaromembrane (EBM) method for the selective separation of Li+and Co2+ions. Separation is carried out using a track-etched membrane with a pore diameter of 35 nm, which can create conditions for separation if an electric field and an oppositely directed pressure field are applied simultaneously. It is shown that the efficiency of ion separation for a lithium/cobalt pair can be very high due to the possibility of directing the fluxes of separated ions to opposite sides. The flux of lithium through the membrane is about 0.3 mol/(m2× h). The presence of coexisting nickel ions in the feed solution does not affect the flux of lithium. It is shown that the EBM separation conditions can be chosen so that only lithium is extracted from the feed solution, while cobalt and nickel remain in it.