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Top Stories from September 2024

Published: October 9, 2024
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A major processor’s continued growth through acquisition led the way in page views last month, followed by an OEM’s repair-unfriendly software choice, federal funding for battery recycling, an e-plastics processing partnership and an ITAD firm’s leadership change.

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Carbon insets can boost ITAD profits

Published: September 30, 2024
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Carbon insets, tradable certificates that can be sold back to companies sending e-scrap for processing, could provide up to $100 of additional revenue per ton for ITAD and e-scrap companies. | Mulad Images/Shutterstock

ITADs will soon be able to claim an extra $11 to $100 worth of revenue per ton of e-scrap by selling carbon insets, global advisory firm Bloom ESG predicted in its latest white paper. Continue Reading

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Experts offer roadmap for e-scrap trade, investment

Published: September 30, 2024
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Obsolete electronics gathered for recycling.

The World Economic Fund has compiled the opinions of five experts on how trade and investment can facilitate circular electronics. | Penofoto/Shutterstock

Coordinated global action is imperative to extend the life of electronics and improve end-of-life treatment, according to five industry experts in a recent World Economic Fund article. Continue Reading

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Aurubis starts up Georgia smelter

Published: September 30, 2024
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Aurubis’ latest facility has the capacity to process over 180,000 tons of complex recycling materials annually, including circuit boards and copper cables. | Courtesy of Arubis

German company Aurubis has brought its multi-metal recycling facility in Georgia online after two years of work.  Continue Reading

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Fire at nonprofit Free Geek prompts community support

Published: September 30, 2024
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A Sept. 14 fire forced Oregon reuse and recycling nonprofit Free Geek to shut its doors, but community support helped the organization get back up and running. | Courtesy of Free Geek

After a devastating fire at Portland, Oregon-based Free Geek in mid-September, a community outpouring of support has the nonprofit close to its fundraising goal for recovery.  Continue Reading

Korea Zinc defends e-scrap acquisition amid buyout feud

Published: September 30, 2024
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A private equity firm, MBK Partners, and shareholder Young Poong submitted a bid to purchase a majority stake in Korea Zinc, a move the smelting company called a “hostile takeover.” | Pavel Kapysh/Shutterstock

Top executives at South Korean smelting giant Korea Zinc are locked in a battle with a private equity firm that wants to seize control of the company. As the fight has spilled into the public arena, the equity firm has attacked the company’s recent business decisions, including its purchase of U.S.-based processor Igneo Holdings. Continue Reading

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E-Scrap Conference 2024 kicks off with tribute, talks

Published: September 30, 2024
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Attendees chat during the E-Scrap Conference in Orlando, Florida. Photo by Big Wave Production / Resource Recycling

Around 950 attendees came to Orlando, Florida, to take in exhibitor booths, sessions on the latest industry trends and laws, and workshops on certification standards at the 2024 E-Scrap Conference – but also to mourn the sudden loss of e-scrap veteran Billy Johnson just before the show.  Continue Reading

Battery industry prepares for shift in regulation

Published: September 30, 2024
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E.U. flags in front of the European Commission building.

The EU will roll out Digital Product Passports in 2027, to provide a clear accounting of the life cycle of batteries and eventually many other items. | Giannis Papanikos/Shutterstock

Although the European Union is still several years away from implementing its inaugural Digital Product Passport regulations, e-scrap market participants who do business with Europe are preparing for this new phase in sustainability regulations.

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