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Metals prices and smelter fire dent Boliden’s financials

Published: July 26, 2023
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Shredded e-scrap showing gold and other metals.

Boliden estimates it lost about $19 million in second-quarter operating profits due to a fire at its flagship copper smelter. | Amy VonDe/Shutterstock

Global economic concerns and rising interest rates put a damper on metals prices during the second quarter, although gold and silver values were up because of investor interest, according to a major smelter operator.  Continue Reading

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Lawmakers put another $2M into Wisconsin CRT cleanup

Published: July 12, 2023
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LCD tubes recovered from 5R’s Ladysmith, Wisc. facility. | Courtesy of the Wisconsin Department of Natural Resources

At his current rate, the former CEO of 5R Processors will fully pay off his $2 million in court-ordered e-scrap abandonment restitution in roughly 1,200 years. Knowing that, Wisconsin lawmakers just approved allocating another $2 million in public funds to clean up the mess. Continue Reading

SERI rolls out efforts to lower barriers to certification

Published: July 20, 2023
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Keyboard button with an award ribbon in gold.

Corey Dehmey, executive director of SERI, hopes the programs will make it easier for facilities to achieve R2 certification and find more R2-certified partners. | Cienpies Design/Shutterstock

The group behind the R2 standard is planning programs, including a mentoring initiative, to help smaller companies move toward certification and build a more equitable recycling network.
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Operator sees resale pricing back at pre-pandemic levels

Published: July 20, 2023
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As COVID-era supply chain squeezes begin to loosen up, Cascade finds itself wrestling with diminishing prices for its refurbished devices. | Elnur/Shutterstock

Cascade Asset Management found that selling used electronics through e-commerce marketplaces brought substantially more revenue growth than selling to wholesalers last year. The ITAD company still joined many others in suffering an overall drop in prices.  Continue Reading

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EnviroMetal closes e-scrap facility, focuses on licensing

Published: July 20, 2023
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Shuttering its e-scrap arm will save EnviroMetal just under $65,000 in monthly operating costs. | Wirestock Creators/Shutterstock

Canadian precious metal recovery company EnviroMetal officially closed its e-scrap facility, completing its transition to simply licensing out its metals recovery technology to gold miners.  Continue Reading

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R2 certification deadline puts squeeze on some facilities

Published: June 22, 2023
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A representative from SERI, the body that maintains the R2 standard, estimates that 82 facilities are still certified to the old R2:2013 standard. | Tashatuvango/Shutterstock

With the date to transition to the R2v3 certification standard one week away, stakeholders estimate dozens of electronics recycling and reuse facilities may temporarily lose their R2 certifications. The lapse could mean serious business consequences for companies.  Continue Reading

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Oregon E-Cycles update signed into law

Published: June 28, 2023
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The bill in Oregon will greatly expand the list of covered items, bringing VCRs and other products into the fold. | Charles Knowles/Shutterstock

This story has been updated.

Oregon lawmakers passed – and the governor signed – legislation that will add devices to the state’s electronics recycling program and also alter the framework through which manufacturers fulfill their collection obligations. Continue Reading

Florida county opts to send e-scrap to incinerator

Published: June 28, 2023
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Pinellas County, Fla. officials said residents have disposed of more e-scrap through their regular garbage than the household hazardous waste program. | Mameraman/Shutterstock

Two municipalities in Florida have sidestepped sending household e-scrap to their contracted processor for recycling and are instead hauling material to a waste-to-energy plant.  Continue Reading

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