Abstract:

As the shift to a clean energy system accelerates, substantial investments in new mines and refining capacity, especially in geographically diverse regions, will be required to produce essential minerals such as copper, lithium, nickel, cobalt and rare earths. Recycling is indispensable to the security and sustainability of critical minerals supply for clean energy transitions. While recycling does not eliminate the need for mining investment, it creates a valuable secondary supply source that reduces reliance on new mines and enhances supply security for countries importing minerals. Moreover, scaling up recycling mitigates the environmental and social impacts related to mining and refining while preventing waste from end-use technologies ending up in landfills.