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E-scrap metal notches record high value

Published: September 2, 2021
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Stock market graph indicating higher prices.

Aluminum is one of the metals e-scrap companies recover from electronics, in addition to precious metals, copper and steel. | ST House Studio / Shutterstock

Aluminum prices have climbed to their highest levels in over a decade, providing a boost for processors extracting the non-ferrous metal from scrap electronics.

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EPA outlines multifaceted e-scrap threat from batteries

Published: August 26, 2021
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Pile of lithium ion batteries for recycling.

A recent EPA report noted that beyond the immediate health and safety concerns, batteries can create a substantial financial burden for e-scrap companies. | skimin0k / Shutterstock

Federal officials recently examined battery-related fires in a variety of recycling settings, including electronics processing sites. In addition to noting safety concerns, the analysis determined that batteries “jeopardize the economics of the electronics recycling industry.”

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Morgan Stanley names vendor in data security case

Published: August 19, 2021
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Morgan Stanley company logo on screen under magnifying glass.

A court filing this month revealed more details about data mismanagement that occurred during asset disposition at Morgan Stanley locations. | Mr. Tempter / Shutterstock

Morgan Stanley has identified the data center decommissioning provider it claims was responsible for a data-breach incident, which led to lawsuits and a $60 million penalty against the financial giant.

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Processor’s profits boosted by pivot to data center work

Published: August 19, 2021
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Data center server room

Sims Lifecycle Services, the electronics processing branch of metals recycling giant Sims Limited, reported boosted earnings during its 2021 fiscal year. | Sanchai Khudpin/ Shutterstock

Sims Lifecycle Services is finding that repurposing data center devices continues to be considerably more profitable than recycling e-scrap, financial disclosures show.

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Device leasing firm draws $1 billion in funding

Published: August 12, 2021
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People shaking hands at a business meeting.

Grover offers a wide range of devices available for lease by consumers, including computers, smartphones, drones, gaming devices, and many more. | Micolas / Shutterstock

Grover, a European company that provides subscription access to consumer technology, recently secured massive investment capital, underscoring wider interest in a model that maximizes device life span and facilitates end-of-life recycling.

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