Closed Loop abandoned hundreds of millions of pounds of cathode ray tube glass, spurring years of legal battles. | Courtesy of consulting firm AECOM
An Ohio county judge has ordered Closed Loop Refining & Recovery and Closed Loop Glass to pay civil penalties to the state in what Ohio’s attorney general called the “final chapter” in the massive CRT stockpile cleanup case in that state. Continue Reading
Iron Mountain posted record Q2 revenue and raised its 2025 outlook, driven by growth in digital services, data centers, and asset lifecycle management, with strong global momentum. | Photo Courtesy of Iron Mountain
Iron Mountain reported a sharp jump in asset lifecycle management (ALM) revenue in the second quarter, helping drive record results and a full-year forecast raise as demand grows for secure IT asset disposition and data center decommissioning services. Continue Reading
Paladin plans to acquire additional companies and also grow organically in the months and years ahead. | Aquatarkus/Shutterstock
Formed by private equity and acquisitions of electronics processors in Florida and Minnesota, Paladin EnviroTech launched this week as the latest entrant in the ITAD space, with multiple industry veterans in leadership roles. Continue Reading
Electronics processor ILS will supply magnets sourced from end-of-life hard drives to HyProMag for rare earth recovery. | SolidMaks/Shutterstock
A new partnership between rare earth processor HyProMag USA and electronics recovery firm Intelligent Lifecycle Solutions aims to secure and sustain domestic access to rare earth magnets used in everything from electric vehicles to smartphones to missile systems. Continue Reading
The scheme revolved around disposing of high-value electronics as scrap for recycling, and then reselling the devices for their higher market values. | Koy Hipster/Shutterstock
Three individuals have pleaded guilty to a scheme through which used electronics from The Ohio State University were artificially undervalued and disposed of as “scrap,” only for the downstream vendors to turn around and sell them for higher values and pay kickbacks to the manager of the university’s surplus department. Continue Reading
Apple Watches and other wearables are increasingly making their way into the electronics recycling stream | Mehaniq/Shutterstock
Blancco has added Apple Airpods and the latest series of Apple Watches to the list of devices supported by its data erasure and diagnostic tools. Continue Reading
Rep. Mariannette Miller-Meeks of Iowa, a proponent of greater rare earth recovery through electronics recycling, takes notes during a July 16 U.S. House hearing discussing improvements to the recycling industry. | Photo courtesy U.S. House of Representatives
During a Congressional hearing last week, lawmakers expressed enthusiasm for bolstering the U.S. electronics recycling industry as one tool in strengthening the nation’s critical minerals supply lines. Continue Reading
MP Materials, which operates the only U.S. rare earth mine, is building out recycling capacity that will recover rare earths from end-of-life post-consumer electronics, with support from Apple. | Photo courtesy Apple
Domestic rare earth company MP Materials and major OEM Apple this week announced a collaboration in which Apple has committed to buy $500 million in magnets from MP. The project will involve the companies harvesting rare earth minerals from recycled electronics.
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Bloom’s impact reporting tool has been endorsed by major certification standard e-Stewards. | Mameraman/Shutterstock
A major enterprise resource planning software platform will provide clients with access to Bloom ESG’s environmental impact reporting calculator, and another major ITAD firm has adopted Bloom’s calculator and agreed to provide data that will bolster Bloom’s reporting capabilities. Continue Reading
LG Electronics has a goal to collect 8 million tons of end-of-life electronics by 2030, from a 2006 baseline. | Roman Chekhovskoi/Shutterstock
South Korea-based heavyweight LG Electronics saw mixed results in its 2024 sustainability report, but continued to make progress toward 2030 goals while forming high-profile partnerships in both Asia and the U.S. Continue Reading