The total value of gold, palladium, silver, copper, rare earth elements and various minerals that can be obtained as a result of processing 5 billion mobile phones will be approximately 8 billion dollars. Cobalt can be obtained to produce 10 million electric vehicle batteries. .
In this context, GSMA signed agreements with 12 major global telecom operators to simplify and accelerate the recycling process of mobile devices. By 2030, operators plan to buy 20% of used mobile devices from the number of new devices under return programs.
At the same time, the draft agreement emphasizes that 100% of used mobile phones collected by operators under return programs must be repaired, reused or transferred to organizations for recycling.
“By 2030, the number of used mobile devices collected by operators under return programs will be at least 20% of the number of new mobile devices sold directly to customers,” the GSMA draft agreement states.
Source: Ferra
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