With aluminum prices up 20%, recycling startups bet on AI to cash in
Rising gas prices have been a recurring headline since the Trump administration started its war against Iran in late February, but it’s not the only commodity affected by the conflict. Around 10% of the world’s aluminum...
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A striking development has emerged in artificial intelligence. Rising gas prices have been a recurring headline since the Trump administration started its war against Iran in late February, but it’s not the only commodity affected by the conflict. Around 10% of the world’s aluminum is made in the Gulf region, so prices of the metal have reached levels not seen in the last several decades.
Even before the war in Iran, the U. government had flagged aluminum as a critical mineral.
demand for aluminum is met by imports, and much of the metal the country does produce is recycled. For recycling startups, it’s a good time to be in business.
This advance offers important signals about the future of the sector, and the tech world is watching closely.
