Redwood Materials, a growing Nevada-based battery recycling firm that recently partnered with an e-scrap processor, received more than $700 million in funding from various financing organizations.
Urban E Recycling opened a new site earlier this year, the latest development for a e-scrap processor that has found a niche by focusing on smaller clients and providing free collection of material.
Washington state processors handled far more flat-panel displays than CRT devices in 2020, continuing a trend that began the year before, according to the state’s annual report.
ERI this week received private equity funding from investment firm Closed Loop Partners. ERI’s chairman says the capital will help the processor deploy advanced processing equipment at its facilities.
An advocacy group filed a shareholder resolution requesting that Microsoft study the impacts of making repair resources readily available to the public. The company hasn’t commented, but it referenced its existing efforts in the field of repair.
Cost is the main factor contributing to fraudulent recycling activities, researchers recently reported. They say improving the financial equation for e-scrap processors and raising the penalties for bad actors could reduce negative practices.
Legislation introduced in the Bay State establishes extended producer responsibility for end-of-life consumer electronics. In prior years, similar proposals have failed to move forward.