May 13, 2021

1 Min Read
New Bill Seeks Innovative Ways to Recycle Batteries

Rare elements such as indium, yttrium, neodymium, cobalt and lithium are vital for the production of low-carbon technology. However, many of these elements are being discarded because of the lack of a requirement to recycle them.

With growing concern over the future supply of elements and the need to cut greenhouse gas emissions, industry experts are calling for tougher rules on recycling. 

The International Energy Agency recently calculated that if the world is to reach net zero greenhouse gas emissions in 2050, demand for critical and rare minerals will be six times higher than today by 2040 and demand for lithium alone will be 40 times higher in 2040 because of its use in batteries.

Read the complete story here.

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