Recycling lithium-ion batteries presents a sustainable solution to meet the increasing demand for critical metals, reduce environmental impact, and challenge China's dominance in the rare earth market.
Securing reliable and affordable rare earth element supplies has become a key concern in the global clean energy transition. Some have gone so far as to rebrand lithium, the third periodic element, as 'white gold' due to its central role as a 'critical mineral' in clean technologies including electric vehicle batteries and renewable energy storage. Speculation about the key role of lithium in a transitioning economy has led to some volatility in the market.
is home to abundant natural reserves of lithium, however, there are serious drawbacks to mining and extracting it. Lithium production is associated with serious health and environmental hazards and requires massive amounts of precious water resources. Extracting a single ton of lithium requires approximately 500,000 liters of water.
Battery Recycling Rare Earth Metals China Critical Minerals Sustainability Green Energy Electric Vehicles Supply Chain Environmental Impact
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