Following a large acquisition and facing a management shakeup, Iron Mountain’s ITAD arm is posting growing revenues. | Bandersnatch/Shutterstock
Data management giant Iron Mountain saw a $213 million bump in its revenue last year because of its acquisition of ITRenew.
Big moves are taking place in the arena of lithium-ion recycling. | Courtesy of Tevva Media
In recent weeks, Li-Cycle received federal funding for a facility, AquaMetals announced a technology breakthrough and Ecobat shared its plans to build a facility in Arizona.
Major smelting companies discussed changing metals prices and cost inflation in recent filings. | Gualtiero Boffi/Shutterstock
Glencore, Umicore and Boliden recently released financial and operational details from their smelting operations in 2022.
FPD Recycling has sued to invalidate a patent licensed to Votechnik for a flat-panel dismantling robot. | PaeGAG/Shutterstock
A company commercializing its flat-panel device dismantling system in the U.S. has gone to court seeking to invalidate a competitor’s patent.
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
Maryland-based Apkudo boosts supply chain efficiency to support repair, resale and recycling markets. | KovalchukOleksandr/Shutterstock
Apkudo, which helps companies manage connected devices, announced it received $37.5 million in Series C funding.
A worker inspects shredded material at a Glencore sampling facility in Rhode Island. | Courtesy of Glencore
Glencore has been recovering copper and precious metals from e-scrap since the 1980s. But multiple trends are now forcing the world’s largest mining and metals company to adapt to changing markets: a push to decarbonize the transportation sector, efforts to shorten and bolster supply chains, and innovations in consumer electronics design and manufacturing.
Cleanup of CRT materials at Closed Loop’s Phoenix sites is estimated to cost $15 million or more. | E-Scrap News File Photo
IMS Electronics Recycling will pay $5 million to help clean up CRT materials abandoned at former Closed Loop Refining and Recovery sites in Phoenix.
“The ITAD Academy 2023” will educate IT leaders and managers on proper IT asset disposition practices, among other goals. | NicoElNino/Shutterstock
ITAD advising firm Compliance Standards launched an advertising and marketing initiative to showcase best practices in IT asset disposition.
Angola, Ind.-based Refreshed Tech brought in 148,000 units for refurbishment between its founding in August 2022 and the end of the same year. | Courtesy of Refreshed Tech
Refreshed Tech closed 2022 with $4 million in sales after just four months of operation and is poised to triple its sales and double its staff in 2023.