Morgan Stanley noted that Korea Zinc bought the remaining 24.5% of Igneo Holdings for $110 million. On July 11, Korea Zinc paid $332 million for a majority stake. | REDPIXEL.PL/Shutterstock
Korea Zinc now owns 100% of Igneo Holdings after purchasing a majority stake in July.
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Despite increasing funding for free drop-off events, manufacturers as a whole failed to reach their e-scrap recycling targets in Wisconsin last year. | Blulz60/Shutterstock
Wisconsin residents have enjoyed a noticeable boost in free e-scrap drop-off opportunities lately, thanks to a state grant program and increased funding from OEMs, according to a state official and report.
A study from the United Nations Institute for Training and Research (UNITAR) found that e-scrap generated annually in Europe increased by 2.1 million metric tons between 2010 and 2021. | ThamKC/Shutterstock
A report from the United Nations on the European Union found that very few member countries are achieving their e-scrap recycling targets.
The former owner of Eastern Electronics Recycling pleaded guilty to charges of knowingly storing hazardous materials without permits. | Tiko Aramyan/Shutterstock
The owner of a shuttered e-scrap company will avoid prison time but will still have to fund the cleanup of CRT materials in North Carolina.
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The latest details on Apple’s recycling automation technologies was of interest to readers in 2022. | Courtesy of Apple
Examining the trends that pushed and pulled on the industry over the past year can help provide insight into the 12 months yet to come.
Technologies Displays Mexicana (TDM) is the latest to shut down its CRT operations, following companies such as Camacho Recycling and Nulife Glass. | Google streetview
TDM, a Mexican company that has recycled millions of pounds of CRTs from the U.S., closed its CRT recycling business this year.
Redwood Materials will break ground in the first quarter of 2023. | Courtesy of Redwood Materials
Battery recycler Redwood Materials will build its next facility on 600 acres outside of Charleston, S.C.
TJX owns approximately 340 T.J. Maxx, Marshalls and HomeGoods stores in California. | Idealphotographer/Shutterstock
The Massachusetts-based parent company of T.J. Maxx, Marshalls and HomeGoods was ordered by a judge to pay $2.05 million for unlawful disposal of e-scrap, batteries and other hazardous waste in California.
IRT is capturing high-definition photos of printed circuit boards so AI-powered software can learn to categorize them by precious metals content. | Courtesy of IRT
Integrated Recycling Technologies is developing an AI-powered app for its suppliers that will quickly categorize and price their scrap circuit boards before they ship them. The software will also power the company’s own robotic circuit board sorting system.