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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