A host of global mobile companies have pledged to recycle at least 20% of the phones they sell by 2030
Over 5 billion unused phones could be redirected to recycling
On Tuesday, twelve global telecommunications operators pledged to take back and recycle at least 20% of the mobile devices they sell by 2030.
This was announced in a press release by industry organisation GSMA.
UK's BT Group, the Philippines' Globe Telecom, Malta's GO, French Orange and Iliad, Japan's KDDI, Portugal's NOS, Belgium's Proximus, Kenya's Safaricom, Singapore's Singtel, Spain's Telefonica, and Sweden's Tele2 have all made the commitment that all collected old devices will be refurbished, reused, or sent for recycling.
More than 5 billion phones, which are currently unused by consumers worldwide, could be redirected for recycling. These could yield gold, palladium, silver, copper, rare earth elements, and other components worth $8 billion, as well as enough cobalt for 10 million electric vehicle batteries, the statement emphasised.
If you have read this article to the end, we hope that means it was useful for you.
We work to ensure that our journalistic and analytical work is of high quality, and we strive to perform it as competently as possible. This also requires financial independence. Support us for only UAH 196 per month.
Become a Mind subscriber for just USD 5 per month and support the development of independent business journalism!
You can unsubscribe at any time in your LIQPAY account or by sending us an email: [email protected]
