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Category: News

E-Scrap News magazine is the premier trade journal for electronics recycling and refurbishment experts. It offers updates on the latest equipment and technology, details trends in electronics recycling legislation, highlights the work of innovative processors, and covers all the other critical industry news.

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Umicore announces lower 2023 recycling revenues

Published: February 29, 2024
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Financial reporting

Umicore’s recycling division saw its adjusted earnings before interest, taxes, depreciation and amortization fall 30% year over year. | Gualtiero Boffi/Shutterstock

Metals mining and smelter company Umicore described its recycling business as “resilient” in 2023, noting it was “below the exceptional performance” of the year before but still above pre-2020 levels.  Continue Reading

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Processor employs robotics to process robotics

Published: February 29, 2024
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Robotic sorting systems that have reached end of life are being processed by ITAD firm First America. | Courtesy of First America

Robotic sorting systems are increasingly making their way into e-scrap and ITAD facilities, where they help categorize, sort and even disassemble devices. Now, they’re entering one processor’s facilities as part of the end-of-life stream. Continue Reading

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Sims resells more devices, driving higher profits

Published: February 21, 2024
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Sims Lifecycle Services repurposed 2.5 million devices during the 2024 fiscal half-year, up 39% from the half-year prior. | Rattanapong/Shutterstock

Global ITAD firm Sims Lifecycle Services repurposed 700,000 more devices in the first half of its 2024 fiscal year compared with the prior-year period, representing the third year in a row of significant growth in device volume. Continue Reading

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Canadian rare earth magnet recyclers awarded grants

Published: February 21, 2024
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Geomega Resources and NeoCtech will both receive funding through NGen’s Global Innovation Cluster grant program | Zerbor/Shutterstock

Canadian industry-led nonprofit NGen awarded 86.7 million Canadian dollars ($64.2 million US dollars) in grants for 15 advanced manufacturing projects in Canada, including two rare-earth magnet recyclers.  Continue Reading

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Report: Device trade-ins bring record-high value

Published: February 21, 2024
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mobile phones

Consumers received back billions of dollars of value from their mobile device trade-ins in 2023, a report found. | Maxx Studio/Shutterstock

The value returned to consumers for their used mobile device trade-ins hit a record high $4.3 billion in 2023, thanks to strong demand for new devices, a bump in the worth of old smartphones and other factors. Continue Reading

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Repair groups call on regulators to draft rules

Published: December 13, 2023
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Exterior of the FTC building in Washington, D.C.

Multiple groups are calling for the Federal Trade Commission to set a national right-to-repair standard. | Mark Van Scyoc/Shutterstock

Advocates for electronics repair last month delivered a petition asking the Federal Trade Commission to craft rules to prohibit manufacturers from restricting repair of their products. Continue Reading