Beijing's move to slash import tariffs on battery scrap marks another push to strengthen domestic recycling infrastructure. The policy shift aims to make raw material sourcing more accessible and cost-effective for recyclers, potentially supporting the broader circular economy push. For the crypto sector, particularly those focused on sustainable mining practices, improved battery recycling pathways could translate to more readily available materials and lower production costs long-term.
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GovernancePretender
· 17h ago
Battery recycling definitely needs to keep up, or else the electricity costs for mining will never go down.
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SchrodingersPaper
· 17h ago
Damn, Beijing's move is really impressive. Cutting import tariffs on battery waste... In terms of circular economy... Do you think this is paving the way to reduce costs for the mining industry again? The story of green mining is about to start again haha
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ShitcoinConnoisseur
· 17h ago
Beijing's move this time is quite clever, indirectly giving benefits to green mining.
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SatoshiChallenger
· 17h ago
Ironically, someone has taken "reducing costs" as the ultimate truth again. Data shows that the places that did this last time experienced a 24% decrease in recovery rate after three years.
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DaoTherapy
· 17h ago
The stablecoin system still ultimately relies on backing by real assets. This time, with the cost of battery recycling coming down, it's definitely a good thing, and the energy pressure for mining can gradually ease.
Beijing's move to slash import tariffs on battery scrap marks another push to strengthen domestic recycling infrastructure. The policy shift aims to make raw material sourcing more accessible and cost-effective for recyclers, potentially supporting the broader circular economy push. For the crypto sector, particularly those focused on sustainable mining practices, improved battery recycling pathways could translate to more readily available materials and lower production costs long-term.