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Relithia Energy

Location

Zimbabwe

Sector

Site & Facility Management

Stage

Pre-implementation
Overview

The project focuses on collecting mobile battery and circuit board scrap, which are abundant in Africa due to the increasing use of electronic devices. By systematically gathering these discarded items, the initiative aims to prevent environmental pollution caused by electronic waste.

Once collected, the scrap is processed with specialised equipment to extract valuable materials like lithium, cobalt, copper, and precious metals. These materials can be reused in manufacturing new batteries and electronics, promoting a circular economy and reducing the need for raw material extraction. Additionally, the project creates job opportunities in collection and recycling, supporting local economies while addressing waste management and contributing to sustainable development.

Investment Needs

$1 000 000

Investment Project Type:

Private

Invested Value to Date:

$100 000

Funding Gap:

$1 000 000

Climate Classification:

Mitigation

Why Investing

1
High Investment Returns
The project offers the potential for significant returns on investment due to the increasing market demand for recycled materials, particularly as industries seek sustainable sources for lithium, cobalt, and other valuable components.
2
Feasibility
The project is grounded in a well-researched and actionable business plan, with a clear pathway for implementation that considers logistical, regulatory, and technological aspects, ensuring that it can be executed effectively and efficiently.
3
Scalability
The initiative has inherent potential for organic growth; as the demand for recycling services and sustainable materials rises, the project can expand its operations without requiring substantial additional investment, making it adaptable to evolving market conditions.
Hendrick Tafadzwa Chikwanha
CEO
https://relithia.mydurable.com/
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