Greenwave technology solutions, inc. (nasdaq: gwav) accelerates rare-earth metal recovery amid global supply disruptions
On december 3, 2024, china banned the export of gallium, germanium, and antimony to the united states – vital minerals utilized in the production of semiconductors, solar panels, and electric car batteries the company expects to generate significant revenue in fy 2025 through the efficient extraction of these rare-earth minerals from vehicles, appliances, equipment, and heavy machinery greenwave believes its proprietary rare-earth metal recovery initiative is a "catalytic converter-level" opportunity, with breakthrough technologies unlocking the profitable recovery of rare and high-value metals historically overlooked by the recycling industry chesapeake, va. , dec. 18, 2024 /prnewswire/ -- greenwave technology solutions, inc. (nasdaq: gwav) ("greenwave" or the "company"), a leading metal recycler in virginia, north carolina, and ohio, announced today it is accelerating the recovery of rare-earth metals from appliances, equipment, heavy machinery, and vehicles – capitalizing on surging global demand and escalating geopolitical tensions.
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