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].
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
The upcoming Fredericksburg, Va. facility will likely replace TES’ current ITAD plant. | Basiczto/Shutterstock
TES is opening a facility in Virginia to decommission hyperscale data centers, part of the ITAD company’s strategy to benefit from the continuing transition of computing power from individual devices to the cloud. Continue Reading
E-scrap processors are developing strategies for an increasing number of PV modules entering the market. | Hill120 / Shutterstock
One of the survey’s most notable findings was that 70% of respondents reported that prices for used electronics have decreased “a lot” since the first quarter of 2022. | Sarawut Aiemsinsuk/Shutterstock
A number of market factors squeezed the ITAD industry earlier this year, including high costs of labor and lower secondary market prices, according to a first-of-its-kind survey. Continue Reading
The No. 1 explanation given by respondents who admitted to throwing away electronics was that organizing their IT assets was too difficult. | Damrong Rattanapong/Shutterstock
Nearly a third of IT professionals at small- and medium-sized businesses admitted that they trash at least some used electronics rather than dispose of them in a responsible manner, according to a software marketplace’s survey. Continue Reading
Modern Mining Technology Corporation plans to offer 2 million shares priced at roughly $5.00 each. | KPixMining/Shutterstock
A company with a pilot plant for extracting precious metals from printed circuit boards has filed to become a publicly traded company. Continue Reading
Opinions on potentially restricting e-scrap exports varied, with some arguing such a move would hinder sales and others arguing it would bolster domestic job creation. | Katherine Welles/Shutterstock
In a wide-ranging hearing on electronics recycling and reuse, several U.S. senators heard discussion about how export restrictions affect U.S. industry. Continue Reading
A representative from URT estimates that his company will receive roughly half a million pounds of e-scrap at its facility in Clackamas, Ore. | Eric Celebrezze/Shutterstock
Forget the next city or state over – Universal Recycling Technologies’ Oregon facility will recycle e-scrap that traveled the equivalent of one-third of the circumference of the earth. Continue Reading
Boliden estimates it lost about $19 million in second-quarter operating profits due to a fire at its flagship copper smelter. | Amy VonDe/Shutterstock
Global economic concerns and rising interest rates put a damper on metals prices during the second quarter, although gold and silver values were up because of investor interest, according to a major smelter operator. Continue Reading
LCD tubes recovered from 5R’s Ladysmith, Wisc. facility. | Courtesy of the Wisconsin Department of Natural Resources
At his current rate, the former CEO of 5R Processors will fully pay off his $2 million in court-ordered e-scrap abandonment restitution in roughly 1,200 years. Knowing that, Wisconsin lawmakers just approved allocating another $2 million in public funds to clean up the mess. Continue Reading