A new report from RMI suggests that worries about the demand for minerals for electric vehicle batteries may be overstated, highlighting the potential for recycling and innovation to reduce the need for new mining.
Julian Spector writes for Canary Media.
In short:
- The report argues that technological advancements and recycling can curb the demand for battery minerals.
- Battery recycling could significantly reduce new mining by 2038, with a complete shift by 2050.
- Innovations have already decreased the need for cobalt and nickel in battery production.
Key quote:
"One of the biggest things people hold against EVs might turn out to be one of its biggest benefits in the long run."
— Daan Walter, principal on the strategy team at RMI
Why this matters:
Electric vehicle production has the potential to become more sustainable, mitigating environmental and social concerns associated with mining. This shift could make EVs a more viable long-term solution for reducing transportation emissions.
