The UK must scale up recycling of materials for low carbon industries or risk facing a critical shortage of key metals, a new report warns.
The projected use of lithium, cobalt, silver and rare earth elements by the UK’s low carbon industries over the coming decades is set to soar. China controls 60% of global mine production and 40% of rare earth metal reserves, raising fears of a significant threat to the supply chain for businesses.
But the thinktank Green Alliance said the UK could limit the threat by building up domestic recycling of valuable materials and reducing energy use.
A rapid scaleup of the recycling of green products and their components would result in almost all critical raw material demand for electric vehicle batteries, wind
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