With a capacity of 6,000 pounds per hour, URT’s system was designed to handle the amount of shredded e-plastic generated in URT’s Janesville, Wis. plant on a single shift. | Courtesy of URT.
URT has installed equipment at its Wisconsin headquarters allowing the company to produce clean e-plastic fractions for sale to domestic buyers.
Some analysts predict copper prices will increase close to their 2011 record, when the metal was trading for more than $4.50 per pound. | Syafiq Adnan/Shutterstock
Prices for a major metal found in the electronics recycling stream have climbed high in recent weeks, largely driven by China’s economic recovery following its COVID-19 lockdown.
The e-scrap metals market saw a significant impact from the coronavirus pandemic, which made obtaining supply a challenging task. | Amy_VonDe/Shutterstock
Processors were not alone in feeling supply and demand impacts from COVID-19. Their downstream partners were in a similar boat, as three smelting and refining experts explained during a presentation last week.
The coronavirus pandemic has reduced the volume of incoming assets for some ITAD companies, but it has also opened new opportunities for fee-based services. | Gorodenkoff/Shutterstock
Gold prices reached nearly $2,000 a troy ounce in August. | savva_25/Shutterstock
Driven by investors, gold prices have remained high throughout the year, even hitting a recent record high this quarter, according to The Wall Street Journal.
Urban Mining Co. operates a magnet recovery facility just south of Austin. | Courtesy of Urban Mining Co.
Urban Mining Co., which uses an innovative process to recycle rare earth magnets, has received financial backing as part of the U.S. response to the coronavirus pandemic.
Sims Lifecycle Services saw a 13.9% increase in cloud volumes recycled during the 2020 fiscal year. | Gorodenkoff/Shutterstock
Sims Lifecycle Services secured four additional cloud customers during the last fiscal year, helping to boost its data center decommissioning volume to 24,600 metric tons.
C2 Management moved into a new 100,000-square-foot processing facility in Berryville, Va. earlier this year. | Courtesy of Able Moving & Storage
When C2 Management received a PPP loan, the money couldn’t have come at a better time.
While gold’s value is up 30% this year, following on the 20% improvement last year, a slight market correction has occurred in past weeks. | Andriy Malakhovskyy/Shutterstock
The value of the base and precious metals recovered from obsolete electronics has been at near record highs in recent months. However, market conditions appear to be softening.
Under Connecticut’s extended producer responsibility program, municipalities perform the bulk of e-scrap collections. | Suzanne-B/Shutterstock
Processing companies said multiple factors led them to raise recycling prices in Connecticut this year. Some cost pressures are unique to the state but others are being felt industry wide.