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Mining industry won’t cope with rising demand without circularity, Eurasian Resources CEO says
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Speaking at the World Economic Forum session in Davos, Benedikt Sobotka added that this would mean higher prices and more inflation for consumers in the developing world.
“The demand is incredibly wasteful. To give you just one number per year, there’s about 50,000,000 tons of electronic waste being thrown away, 17 percent of that is being recycled,” he said.
“The time of cheap commodities is over,” Sobotka said, pointing to minerals and metals, as they have energy cost increases that make them more expensive.
View more at https://www.arabnews.com/node/2088716/business-economy
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