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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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Sims feels pressure from lower device prices, cost inflation

Published: February 15, 2023
Updated:

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Rendering of a graph showing down markets,

A Sims Lifecycle Services financial presentation attributes reduced resale prices to lockdowns in China and muffled consumer demand stemming from inflation. | antb/Shutterstock

Sims Lifecycle Services resold considerably more IT devices in the latter half of 2022, but softer demand resulted in lower selling prices and inflation took its toll on profits.   Continue Reading

Feds loan $2B to Redwood Materials to build facility

Published: February 15, 2023
Updated:

by
Close-up of a Li-ion battery.

Redwood’s McCarran, Nev. campus will eventually produce about 100,000 metric tons of cathode active materials and 36,000 metric tons of ultra-thin battery-grade copper foil each year. | Allyson Kitts/Shutterstock

Redwood Materials has secured a major loan from the federal government, with some strings attached, to help build out its Nevada lithium-ion battery recycling campus. 

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