Metals are very valuable to many industries because they enable technological advancements. Cobalt is one of the metals that contributes to a lower CO2 emission when recycled. This is why cobalt recycling is seen to be a highly beneficial industry. Better yet, it provides tremendous benefits to most industries and society in general.
#1. Demand for cobalt is continuously growing
From manufacturing stainless steel for the automotive industry to creating ceramics, cobalt is used in virtually all industries. The growing electric vehicle industry uses cobalt for making chargers and batteries. The same trend is observed in other industries as well and so issues in the supply side have been felt. Add to this the fact that the biggest reserves of cobalt can be found in the politically sensitive nation of Congo. Thus, cobalt recycling is deemed to be a big help as a secondary source for this valuable metal.
#2. Recycling cobalt is very energy efficient
Recycling even just a small amount of scrap cobalt will result in a substantial amount of energy saved. This energy is conserved by preventing new drilling or mining for ore and refining it to be used for manufacturing metal products.
#3. Cobalt is highly recyclable
Another great thing about cobalt is that it can be recycled infinitely because its structural integrity does not diminish and stays the same after being recycled. Scrap cobalt is therefore considered a continuous resource that can be recycled to make new products many times over again. Moreover, cobalt recycling is very sustainable for the economy and the environment. Its reuse saves a lot of energy and reduces greenhouse gas emissions while maximizing the utilization of natural resources. This is the very reason why recycling cobalt and other metals is regarded to be so beneficial as it hits two birds with one stone.
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