1 topic, 2 key figures, 3 startups to draw inspiration from
2 Key Figures
About 50% of the copper used in Europe comes from recycling
Copper consumption is predicted to rise more than 40% by 2035 compared to 2018
3 startups to draw inspiration from
This week, we identified three startups that we can draw inspiration from: Mint Innovation, Sortera Alloys and Weeecycling.
The American startup has developed a sorting system designed to reuse metals recovered from end-of-life products. The company’s system sorts metal by its type and alloy composition through a combination of X-ray fluorescence and optical sensor fusion, artificial intelligence (AI) and machine learning image processing.
The French startup WeeeCycling has set up a circular economy loop for recycling strategic metals. The company buys electrical and electronic scrap in the world and, via its Morphosis brand, manufactured products. The rare metals are then extracted through a thermal and electrochemical stage to be resold for reuse.