I’m working on with a couple of companies already reviewing old drill cores for Co.
Our planet is fully of all elements. True, some deposits have higher grade ores, right on or underneath the surfaces, and are more accessible via transport links than others. It all comes down to price.
I could be wrong or facile, but it still sounds pretty similar.
Recycling could also easily kick into gear if/when prices rise high enough. See one of my favorite recent books, Junkyard Planet, for more: https://www.theguardian.com/books/2014/jan/18/junkyard-plane...
Right now, many people don't bother recycling older phones and laptops because they can't get any money for them. If/when prices go high enough, we'll see recycling kick into high gear. The day you see Best Buy advertise "$10 for any phone!", you'll know we're actually seeing a sustained price rise.
Dodd-Frank made these companies aware of the problem within, and these companies are actively working towards removing Conflict Minerals from their supply chains, even if that means buying direct from miners as regional traders and smelters prove unreliable sources of Conflict-Free minerals. That's the whole story.