There's a counterargument that we have been collectively underpricing nonrenewable resources, to the point that the term itself "nonrenewable resource" points to a price which fails to account for the full-in total economic, natural-capital, time, and impact costs of sustainably sourcing the resource, and potentially by factors of thousands to millions.

That's a concept I'm still working out, and is based on a re-reading of much foundational economic work (Smith, Mill, Jevons, Hotelling, among others). I'm not in the least presenting this as mainstream. But it would call into question the market-price basis of both resources and recycling.

Food for thought, for now.