If Europe starts to recycle more raw materials, it could become less dependent on imports of raw materials from Russia, says the German Raw Materials Agency. The agency also sees plenty of opportunities in Europe for additional extraction of raw materials. Currently, Ukraine and Russia are the main suppliers of raw materials such as nickel and aluminum for the European market.
Germany already recycles between 40 and 60 percent of copper, lead, aluminum and nickel. According to the Raw Materials Agency, the country is already well on its way, but there is still enough potential to reuse raw materials.
In Europe, the agency also sees other possibilities for the extraction of raw materials. Finland, for example, has nickel and Spain, Portugal and Serbia have lithium, the raw material from which many batteries for electric cars are made.
The current processes in the European production of these types of raw materials must first be significantly changed before these types of projects are actually economically profitable. This costs time and money, among other things, according to the agency. The quantities produced by Ukraine and Russia cannot simply be absorbed by other suppliers.
German raw materials club: less Russian imports when reused
Source link German raw materials club: less Russian imports when reused