Energy Capital The Magazine Sep-Oct 2021-Edition 05

Page 88

Doing Business

needed for the clean energy transition are already in circulation domestically or could be safely mined here in North America.

We just didn’t have a clean, profitable way of retrieving them, until now. We can make the materials recovery processes more sustainable while improving profits at the same time. The tools required to cleanly mine cobalt, nickel, and manganese exist today. The technologies needed to breakdown old cell phones, magnets, and electric vehicles into their component parts exists today. But, the processes that transform them into productiongrade critical minerals for new manufacturing are old, dirty, and expensive. 88

USING VERY LITTLE ELECTRICITY (WHICH CAN BE GENERATED FROM 100% CLEAN RENEWABLE POWER) ELECTRO-EXTRACTION REDUCES 75 PERCENT OF THE GREENHOUSE GASES CURRENTLY EMITTED DURING THE RECOVERY OF PRODUCTION-GRADE CRITICAL MINERALS.


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