given that hauling new metals out of the ground and refining them is a messy and energy-intensive business.
Still easier than dismantling a phone. That’s why we’re in this position. I was vaguely involved in some research looking at this, and to be economically viable (this was several years ago, so hopefully things are improving), you had about 30 seconds per phone to reclaim the valuable stuff before it cost less to mine it. You can barely get the cover open in that time.