Marissa Heffernan started working for Resource Recycling in January 2022 after spending several years as a reporter at a daily newspaper in Southwest Washington. She can be contacted at [email protected]
Anticipation of a global recession, along with increased inflation and higher interest rates, are behind the low PC shipment numbers. | MMilda/Shutterstock
Research and consulting firm Gartner cited economic uncertainty as the reason behind a drop in worldwide PC shipments in the fourth quarter of 2022 and the year overall.
Excir’s award is part of an overall sum of over $25 million Canadian dollars granted by the federal Jobs and Growth Fund to 15 Calgary-area businesses. | Bokstaz/Shutterstock
First appearing on a reality TV show, then signing with the British Royal Mint, Canadian e-scrap startup Excir is now continuing its growth with a federal investment of nearly $1.9 million for a demonstration plant.
Oregon’s proposed bill would mandate access to schematics, tools and parts at a fair and reasonable cost and cover any household product – from computers to appliances – that contains digital components. | Alexey Kabanov/Shutterstock
Supporters of the right to repair consumer electronics are hoping that the third time’s the charm in Oregon.
Growing demand from Asian countries is boosting the value of copper, but experts remain cautious about the metal’s outlook. | Flegere/Shutterstock
The price of copper has continued to rise and is nearing a high not seen since June 2022.
KeyBank has provided money for dedicated space and equipment to teach financial wellness classes at RecycleForce’s new headquarters, which is under construction in Indianapolis. | Courtesy of RecycleForce
RecycleForce’s upcoming Indiana headquarters will provide not only training in e-scrap recycling but a dedicated space for financial wellness lessons, with help from KeyBank.
Many of the exclusions in New York’s bill, which include motor vehicles, power tools, farm equipment and medical devices, were added after the bill hit Gov. Kathy Hochul’s desk. | lev radin/Shutterstock
New York was the first state to turn a digital right-to-repair bill into law and industry experts say it will certainly not be the last, though they hope future bills will be stronger.
Noveon’s EcoFlux magnet requires 20% less material than traditionally produced magnets and requires 10% less energy to manufacture. | Courtesy of Noveon
When the founders of Noveon decided to tackle rare earth magnet recycling, they started at the beginning of the product’s life cycle instead of the end.
ITAD service providers saw used equipment prices skyrocket during the pandemic; now they have to reckon with a market leveling out at lower values amid recession worries. | Ari N/Shutterstock
Prices for refurbished PCs have fallen in the past year alongside ongoing uncertainty in the economy, but ITAD players said the market appears to have leveled off – for now.
Morgan Stanley noted that Korea Zinc bought the remaining 24.5% of Igneo Holdings for $110 million. On July 11, Korea Zinc paid $332 million for a majority stake. | REDPIXEL.PL/Shutterstock
Korea Zinc now owns 100% of Igneo Holdings after purchasing a majority stake in July.
Continue Reading
A study from the United Nations Institute for Training and Research (UNITAR) found that e-scrap generated annually in Europe increased by 2.1 million metric tons between 2010 and 2021. | ThamKC/Shutterstock
A report from the United Nations on the European Union found that very few member countries are achieving their e-scrap recycling targets.