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Tag Archives: markets

Gold maintains elevated pricing

Published: October 1, 2020
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Closeup of a gold circuit board.

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.

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Rare earth recycler draws $28 million in federal funding

Published: September 11, 2020
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Urban Mining Company building exterior

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.

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Cloud services and metal prices lift Sims margins

Published: August 20, 2020
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A data center scene.

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.

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Is the e-scrap metal market cooling?

Published: August 20, 2020
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E-scrap for recycling.

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.

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Connecticut boosts prices it pays to e-scrap firms

Published: August 13, 2020
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Computer towers collected and stacked for recycling.

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.

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Pandemic trends lead to boosted PC sales in Q2

Published: July 16, 2020
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Computers in a retail setting.

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.

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Will Europe’s appetite for used devices last?

Published: June 25, 2020
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An open laptop.

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.

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California hikes payments for stressed e-scrap companies

Published: May 29, 2020
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CalRecycle staff said their recommendation to raise payment rates was based on updated cost data submitted by e-scrap collectors and processors, as well as other factors. | DAMRONG RATTANAPONG/Shutterstock

Citing difficult market conditions and rising costs for the industry, California officials will greatly increase the rates they pay e-scrap firms to collect and recycle electronics.

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