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
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.
Second quarter PC shipments this year rose 2.8% compared with the second quarter of 2019. | joyfull/Shutterstock
PC shipments were up almost 3% during the second quarter of the year compared with 2019. Analysis firm Gartner says the growth was driven by stores beginning to rebound from the first-quarter COVID-19 disruptions, as well as a significant increase in laptop sales.
European trends suggest that end consumers are becoming more open to buying used electronics. | MaxFrost/Shutterstock
With OEMs struggling to produce and ship new electronics during coronavirus-triggered shutdowns, a new willingness to buy refurbished devices has sprouted in Europe, according to Deutsche Welle.
Since acquisition in 2016, Ingram Micro has consistently said it operates separately from HNA Group. | JHVEPhoto/Shutterstock
Because of mounting financial problems, Chinese government officials have seized control of the parent company of Ingram Micro, which has a global ITAD division.
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