1.Experts on the Chinese economy believe the next five years will see a renewed focus on boosting the domestic generation of recycled non-ferrous metals.
2.The expectations are based on an analysis of China’s latest Five Year Plans covering the period 2015-2025 from Ma Hongchang, a regular advisor to the Bureau of International Recycling (BIR).
3.Ma points out that domestic copper and aluminium scrap now accounts for, respectively, more than 66% and 81% of the total supply of the related recycled raw materials.
4.Domestic output of recycled non-ferrous metals in 2020 accounted for 24% of China’s total output of non-ferrous metals. Over the next five years,
5.China’s non-ferrous recycling industry is expected to maintain a steady growth rate,’ Ma observes. ‘Objectives include further improvement in the operational quality of the industry, greater investment in research/development of metals recycling technology and a focus on the development of treatment technologies relating to, for example, aluminium ash and copper slag.
https://recyclinginternational.com/business/no-let-up-in-domestic-chinese-metals-recycling/32634/