We’re more than three months into Russia’s invasion of Ukraine and you don’t have to look far beyond your local gas station to see the global impact – the average price of a gallon of gasoline topped $5 this week.
The conflict has complicated the flow of energy at a time when supply chains were already jumbled up because of COVID. But it’s not just oil. The war is leaving its mark on all kinds of commodities – including the global supplies of minerals and metals.
Geopolitical shifts are causing high spikes in prices of lithium and nickel, two key components of the lithium-ion batteries used in electric cars.
But this supply mess could actually be boosting a positive trend in the battery space: Battery recycling.
This week: Batteries are a pillar of the zero-carbon economy. But are they sustainable? And will technical advancements and geopolitical shifts alter the battery-based economy for the better?
- Julian Spector is a Senior Reporter with Canary Media. Check out his latest report on battery recycling. And you can access all of Canary’s recycling week coverage here.
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