China's environment ministry has announced a new plan to tackle illegal lead recycling and increase the collection rate of lead acid batteries for recycling to 70% by 2025. It is estimated that the country produces around 3.3 million tons of waste lead batteries every year, and less than 30% of the batteries are properly recycled. Under the new plan, companies that produce recycled lead from waste batteries will be entitled to preferential tax policies.For the full story, see https://www.nasdaq.com/article/china-plans-crackdown-on-illegal-recycli….