Recycling of valuable raw materials

The producers of electric vehicles and batteries need plenty of raw materials, and the trend is upward. The price explosion of nickel caused by the war made people sit up and take notice. Now a new battery directive is being considered. According to the EU Commission, certain percentages of the materials used should come from recycling. This applies in particular to cobalt, copper, lithium and nickel. A sustainable and competitive industry also cares about sensible recycling quotas.

If batteries from electric vehicles are recycled or used again in other areas, the valuable raw materials are not completely lost. For example, various automakers are already planning to recycle batteries. Even though recycling volumes are increasing, large quantities of battery raw materials are still needed. Lithium is ION Energy's business. 

Financially well equipped, ION Energy - https://www.youtube.com/watch?v=f1D_y49h7eQ - owns two lithium projects in Mongolia. Mongolia is mining and investment friendly and it is one of the fastest growing economies on earth. China, a major consumer of lithium, is neighboring. Copper is used in electric vehicles much more than in conventional vehicles and is therefore also an important raw material in electromobility.

Copper is held by Aztec Minerals - https://www.youtube.com/watch?v=Ptj6T9s04Lg - in its interests in the Cervantes porphyry gold-copper project in Mexico and the historic Tombstone Silver District in Arizona. Promising drill results have been received.

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