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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Samsung operates an e-scrap collection system in 50 countries. | JHVEPhoto/Shutterstock
Samsung’s environmental strategy includes a focus on circularity, using recycled materials and collecting more e-scrap.
Korea Zinc’s deal creates a vertically integrated global e-scrap entity that will control material from collection all the way through to final smelting. | Pavel Kapysh/Shutterstock
Metals giant Korea Zinc is set to control e-scrap recycling and secondary processing operations in the U.S. and Europe, striking a $332 million deal to acquire a majority stake in Igneo Technologies.
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Newly acquired by SK ecoplant, TES was founded in Singapore in 2005 and has more than 40 facilities in 20 countries, including the Seattle location seen here. | Google Streetview
South Korean company SK ecoplant is expanding its footprint in the ITAD industry with an agreement to acquire TES for $1 billion.
Researchers are calling for more research into the toxicity and risks of new types of antioxidants that e-scrap workers can become exposed to. | Jared Paben/Resource Recycling, Inc.
E-scrap facility workers are being exposed to new types of synthetic antioxidants used in plastics and rubbers, with unknown health consequences, according to recent research.
Off a narrow, sun-bleached alley, where the early summer heat stuns by mid-morning, Sakib Malik sits behind a desk in near darkness. Beside him, stacks of plastic casings from old CRT televisions arch toward the ceiling. He’s on the phone, amid another deal.
France has begun requiring manufacturers to label their electronic products with a repairability score. | S.Dashkevych/Shutterstock
France has started requiring electronics OEMs to calculate and disclose repairability scores to consumers, and officials in Malaysia raise concerns about recent e-scrap importation in that country.
Industry group ISRI said that updated import guidelines are an acknowledgement from China that scrap materials are products, not waste. | Maha Heang 245789/Shutterstock
Chinese authorities have published updated standards for imports of recovered brass, copper and aluminum. They’re set to go into effect on Nov. 1.
Japan’s Mitsubishi Materials is planning to invest over $100 million to boost its global e-scrap processing footprint.
