In light of rising tensions in international trade and dependence on rare earth materials from China, the US is ramping up its e-waste recycling efforts.
Increased Investment in E-Waste Recycling
The US government is focusing on recycling various materials from outdated electronics as part of a strategy to reduce dependence on China. Investments are directed towards recycling metals like neodymium and praseodymium, which are required for manufacturing high-tech devices.
Growing Interest from Foreign Companies
The funding for recycling has attracted attention from foreign firms. For example, the German company Wieland opened a $100 million recycling plant in Kentucky, while Aurubis invested $800 million in a new facility in Georgia. This highlights the intent to reduce reliance on supplies from China.
Battery Recycling and Data as New Raw Material Sources
The volume of discarded lithium-ion batteries is increasing each year, creating new opportunities for recycling. Companies focusing on recycling aim to extract lithium and cobalt from old batteries for electric vehicle production needs. The market situation also affects data recycling, where old hard drives become sources of rare metals.
The situation regarding e-waste recycling in the US emphasizes the growing interest in alternative raw material sources. Investments in this sector could help reduce dependence on external supplies, yet it is essential to remain realistic about the future of the market.
