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acid and nickel-cadmium batteries).
And yet, more innovators are stepping
forward to take on this growing waste
stream backed by multi-digit state
funding. The battery materials recy-
cling market surpassed US$ 28 billion
(EUR 31.8 billion) in 2022 and is poised
to reach US$ 64 billion by 2032.
#13: PUSHING PROGRESS IN
First issue of 2005: Russia’s younger
generation has recognised recycling
as a ‘rapidly developing sector of the
domestic economy’, according to
then 25-year-old Ildar Neverov of
Teplotov Resource in Moscow. He
joined his father’s business at the age
of 18 and later sat on BIR’s stainless
steel & special alloys committee
while also serving as ambassador for
‘My relative youth is a benefit far
more than a barrier. Young people
bring a new style and rhythm to busi-
ness,’ Neverov argued even then.
Citing historically low scrap prices
across Russia and no export duties
before 1999, Neverov points out that
the scrap exporting business was
sometimes over 50% more profitable.
‘Running a recycling business in
Russia is a difficult business.’
Back then, Russian scrap players were
in the early phase of establishing
good contacts with those in neigh-
bouring countries, including Ukraine
and Kazakhstan. This now seems sur-
real given today’s political scenario.
#14: EVEN SMARTER SORTING
Recycling technology has seen many
developments and investment rounds.
All eyes are currently on smart sorting,
enabled by robotics and artificial intel-
ligence (AI). Both are regularly at the
heart of international tradeshows and
conferences while dedicated tech start-
January / February 2010, No.1
Taxing times for
Steel and scrap:
a marriage set to last
Green versus greenback
RI_001 Cover-3.indd 1 15-01-2010 10:20:10
April 2014, No.3
Handling the e-mobility
Delacoux: ‘We need to
be more present’
Boliden’s major step into
EU funding: billions
available to be shared out
RI-3-2014-Cover.indd 1 08-04-14 13:27
28-29-30-32-33-35_ri25years-lookingback.indd 30 04-05-2023 08:28