How We Impact The World
Today, the world generates 2.01 Billion tons of waste annually and this will skyrocket to 3.40 Billion by 2050. 5% of that waste is metals alone.
The importance of recycling metals lies, above all, in the amount of energy and water savings that would involve working from their origin. Thus, for example, the production of aluminum from scrap metal provides 95% energy savings and, in the recycling process, the metal retains all its properties and characteristics.
Various metals can be recycled an unlimited number of times. Aluminum and copper, for example, are 100% recyclable and neither lose their chemical or physical properties even if the process is repeated. And, in the case of copper specifically, it generates energy savings, since it requires 85% less consumption to be recycled than to be extracted.
Metal recycling will accelerate and average 7.8% CAGR.
The share of steel scrap used in crude steel production was 35.5% worldwide in 2017. It will soon grow to 40% by 2025.