Associate Editor Jared Paben has worked for Resource Recycling since December 2014. Most of his earlier career was spent as a reporter for the daily newspaper in Bellingham, Wash., but he also has experience working for the Oregon volunteerism commission and for Oregon nonprofits serving low-income populations. He can be contacted at [email protected].
On top of the debt held by T-Mobile, Belmont Trading owes money to a shareholder, the U.S. Small Business Administration and several OEMs, according to a court filing from the company. | Nuangthong/Shutterstock
On Friday, T-Mobile asked a judge to order Belmont Trading to pay the $6.08 million that the wireless giant says it’s owed. On Tuesday, Belmont Trading filed for bankruptcy protection. Continue Reading
The partnership will focus on bolstering a circular economy for electronics. | T. Schneider/Shutterstock
The National Retail Federation has acquired the Reverse Logistics Association, a trade group focused on product returns, refurbishment, resale and recycling for electronics and other products. Continue Reading
Blancco and eBay are joining forces to help provide buyers peace of mind when purchasing used or refurbished devices. | Anton Caballero/Shutterstock
Resellers marketing used electronics through the eBay Refurbished program can now leverage data erasure company Blancco’s software to aid in grading the devices. Continue Reading
EvTerra President Jeff Gloyd said his company would focus on providing the best service for its customers before considering further expansion. | Courtesy of EvTerra Recycling
E-Scrap company evTerra Recycling has opened its San Antonio plant, closing the last chapter of the company’s nationwide expansion project. Continue Reading
Internal investigations at Aurubis estimate that the value of the stolen material is in the “low, three-digit-million-euro range.” | Foto-select/Shutterstock
Copper recycler Aurubis says an audit that’s underway will reveal just how much valuable metal has been stolen from its Hamburg, Germany smelter. It could be hundreds of millions of dollars worth. Continue Reading
Missouri-based Phinix has applied for a patent for its aluminum purification technology. | Courtesy of Constellium
A secondary aluminum company has begun licensing a technology to reduce impurities in molten recycled aluminum, according to the REMADE Institute. Continue Reading
Metro Metals’ locations in Vancouver, Wash. (pictured above) and Tacoma, Wash. together handled about 41% of the e-scrap recycled by the E-Cycle Washington program in 2022. | Jared Paben/E-Scrap News
The total e-scrap weight handled by Washington state’s program dropped, one device was wrongly exported to the Middle East and a processor exited the program last year, according to an annual report. Continue Reading
In spite of depressed resale prices in China, Sims Lifecycle Services reported a large increase in electronics resold during the 2023 fiscal year. | Andrii Yalanskyi/Shutterstock
Low used electronics pricing in China, margin compression and inflation conspired to cut Sims Lifecycle Services’ profits in half during the 2023 fiscal year, executives said. Continue Reading
Iron Mountain and Envela Corporation recently released second-quarter earnings results, providing insight into electronics reuse and recycling markets. | iQoncept/Shutterstock
Low prices for electronic components continue to dampen Iron Mountain’s data center decommissioning business. Meanwhile, a group of ITAD and e-scrap companies boosted their profit margins even amid a slowdown in business. Continue Reading
Over half of respondents reported plans for investments of more than $500,000, indicating an uptick in market optimism among electronics recyclers. | Polarpx/Shutterstock
Likely hesitant due to difficult markets in the first quarter, ITAD industry players were fairly conservative in their capital expenditures early this year. But company leaders foresee bigger spending ahead, according to a new survey. Continue Reading