Rare Earth Recycling Market Is Projected To Register A Cagr Of Around 5.79% To Reach

March 14, 2023 ⚊ 1 Min read ⚊ Views 65 ⚊ BUSINESS

The global rare earth recycling market is projected to register a CAGR of around 5.79% to reach USD 735.65 million by the end of 2030.

Rare earth metals, including the lanthanide series, scandium, and yttrium, are critical components in permanent magnets, electric vehicles, smartphones, and wind turbines, among others. The elements occur naturally as mixtures in ores and must be purified prior to use. However, the mining and separation of the mineral ore is challenging, in addition to being energy- and waste-intensive. These elements currently have a significant environmental burden. Despite their capability for reuse, the vast majority are

Read details: https://www.marketresearchfuture.com/reports/rare-earth-recycling-market-10793

Tags: Rare Earth Recycling Market

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