The report shows that demand for biodiesel drives recovery of industrial FOG, while current economics do not favor lithium & phosphate recovery
With rising commodity prices, recovery of resources from wastewater streams is becoming increasingly feasible, especially oil, precious metals and industrial fats, oils and greases (FOG), according to Lux Research.
Over the past decade, crude oil prices have risen nearly three-fold while the value of precious metals has soared over 250%, making recovery of these commodities attractive. Growing demand for biodiesel amid a restricted supply of feedstocks drives recovery of industrial FOG. However, current economics do not favor lithium and phosphate recovery.
“Many current wastewater streams contain resources worth billions of dollars of lost product and lost opportunity,” said Tess Murray, research associate and author of the report titled, “Recovering Valuable Resources from Wastewater.”
“As the value of resources rises, recovery technologies are beginning to make sense for even parts-per-million traces of materials such as precious metals and oil,” she added.
Lux Research analysts evaluated the emerging landscape of recovery technologies and found that: