Cobalt and lithium recycling low despite climate change concerns
Extracting cobalt and lithium from old products and infrastructure is essential to heading off predicted metal shortfalls, empowering clean energy transitions and reducing risk of human exploitation.
Renewables spell increased demand for cobalt and lithium
Despite these benefits, lithium and cobalt recycling rates are low. This is according to a study released by the International Institute for Sustainable Development (IISD).
Sustainability and Second Life: The Case for Cobalt and Lithium Recycling notes that renewable technologies (such as electric vehicles, solar panels and wind turbines) has increased demand for cobalt and lithium. However, global supplies of both minerals are not projected to meet demand, with research forecasting shortfalls in the coming decade.
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Source: Mining Review Africa