Reported 1 day ago
As the global clean energy transition progresses, securing reliable supplies of rare earth elements, particularly lithium, has become crucial. China currently dominates the rare earth market, holding 85-90% of the refining capacity, which leads to concerns about geopolitical leverage. However, a Stanford University study suggests that recycling lithium-ion batteries could provide a more sustainable and less harmful alternative for sourcing lithium and other critical metals, emitting substantially lower greenhouse gases and utilizing less water than traditional mining. This could mitigate supply insecurities, as we face potential shortages of cobalt, nickel, and lithium in the coming decade.
Source: YAHOO