Comment by audunw

EU has set fairly aggressive target for battery and solar recycling. The supply chain will be far easier and cleaner when most of the materials can be gotten from recycling.

Kind of a bad deal for China in the long term if you think about it: they’re polluting themselves to refine battery and solar materials for the west, and I don’t think they’ll get much of a long term dependence/benefit from it. Renewables are not like oil where you build up a long lasting supply chain dependence.

The good thing for China is that they’re keeping a lot of batteries/solar for themselves as well and the west is helping to finance that.