On top of the debt held by T-Mobile, Belmont Trading owes money to a shareholder, the U.S. Small Business Administration and several OEMs, according to a court filing from the company. | Nuangthong/Shutterstock
On Friday, T-Mobile asked a judge to order Belmont Trading to pay the $6.08 million that the wireless giant says it’s owed. On Tuesday, Belmont Trading filed for bankruptcy protection. Continue Reading
Blancco and eBay are joining forces to help provide buyers peace of mind when purchasing used or refurbished devices. | Anton Caballero/Shutterstock
Resellers marketing used electronics through the eBay Refurbished program can now leverage data erasure company Blancco’s software to aid in grading the devices. Continue Reading
In order to truly embody their stated values, ITADs and electronics recyclers need to go the extra mile on environmental, social and governance goals, argues Curt Greeno of Dynamic Lifecycle Innovations. | SWKStock/Shutterstock
A broad spectrum of U.S. companies have integrated environmental, social and governance (ESG) standards into their corporate culture and practices. For the electronics and materials lifecycle management sector, ESG seems like a natural fit, particularly in light of the inherent environmental and data security benefits of key services such as IT asset disposition (ITAD) and electronics recycling. Continue Reading
EvTerra President Jeff Gloyd said his company would focus on providing the best service for its customers before considering further expansion. | Courtesy of EvTerra Recycling
E-Scrap company evTerra Recycling has opened its San Antonio plant, closing the last chapter of the company’s nationwide expansion project. Continue Reading
Fire rages at Scott Recycling in Newport, Tenn. | Courtesy of the Cocke County Sheriff’s Office
A Tennessee electronics processor is picking up the pieces after a fire destroyed one of its buildings. Continue Reading
Internal investigations at Aurubis estimate that the value of the stolen material is in the “low, three-digit-million-euro range.” | Foto-select/Shutterstock
Copper recycler Aurubis says an audit that’s underway will reveal just how much valuable metal has been stolen from its Hamburg, Germany smelter. It could be hundreds of millions of dollars worth. Continue Reading
Industry operators are using fire mitigation technologies and other strategies to keep their facilities covered. | Fradu/Shutterstock
Electronics recycling and reuse companies say insurance has become significantly more expensive and difficult to manage, so they’re employing a number of strategies to cope. Continue Reading
Metro Metals’ locations in Vancouver, Wash. (pictured above) and Tacoma, Wash. together handled about 41% of the e-scrap recycled by the E-Cycle Washington program in 2022. | Jared Paben/E-Scrap News
The total e-scrap weight handled by Washington state’s program dropped, one device was wrongly exported to the Middle East and a processor exited the program last year, according to an annual report. Continue Reading
The latest round of funding builds on a $2 billion federal loan and $1 billion in previous investments. | Redwood Materials
Battery recycler Redwood Materials is not slowing down its plans to keep building out its recycling capacity, and recently netted $1 billion in equity funding.
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An Amazon-affiliated upcoming Antrim Township, Pa. location will hire up to 500 workers to process electronics from data centers. | Sergei Elagin/Shutterstock
One of Amazon’s subsidiaries is planning a 550,000-square-foot data center decommissioning facility in Pennsylvania, slated to come on-line in spring of 2024. Continue Reading