Why sustainable Metal recovery is profitable

The world is undergoing a transition to a low-carbon economy and this has had a major impact on how we source, use and store energy. The global energy transition has prompted an unprecedented demand for critical metals such as lithium (Li), cobalt (Co), copper (Cu) and nickel (Ni), which are essential components of the lithium-ion batteries that power EVs and store energy. According to the International Energy Agency, the demand for lithium, nickel and cobalt is set to increase by over 40, 20 and 10 times respectively, keeping the current sustainable development goals in mind. Is sourcing sustainable metals through recycling a profitable and viable path to ensuring an adequate supply of these critical metals?

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