Boliden estimates it lost about $19 million in second-quarter operating profits due to a fire at its flagship copper smelter. | Amy VonDe/Shutterstock
Global economic concerns and rising interest rates put a damper on metals prices during the second quarter, although gold and silver values were up because of investor interest, according to a major smelter operator. Continue Reading
Analysts point to inflationary pressure as a key driver of reduced demand for PCs. | KenSoftTH/Shutterstock
Around the globe, PC shipments dropped 16.6% in the second quarter of 2023, marking the seventh consecutive quarter of decline. However, analysts at Gartner say the trend may be shifting soon.
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The RGX grant is part of the Office of Economic Development and International Trade’s efforts to boost innovation in the state. | People Image Studio/Shutterstock
A Colorado business looking to make ITAD services more accessible and more efficient for both customer and provider was awarded a state grant to support its efforts. Continue Reading
Orbex aims to help companies purchase recycled metal and ensure supply chain integrity. | MAXSHOT.PL/Shutterstock
Marketplace operator Orbex has announced a trading platform for certified recycled metals. Continue Reading
TerraCycle attributes its Regulated Waste business rebound to marketing efforts and a return to pre-pandemic conditions. | Gonzo/Shutterstock
The e-scrap recycling division of TerraCycle US tallied better sales and income in 2022, a financial filing shows.
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Executives at Iron Mountain lamented lower prices for many electronics components but feel optimistic about the second half of 2023. | Monticello/Shutterstock
Iron Mountain’s asset life cycle business increased its volume of used electronics processed during the first quarter, but a depressed market for electronic components meant much lower revenues. Continue Reading
Mikako Kitagawa, Gartner’s director analyst, predicts a moderate rebound in average PC prices in coming quarters. | Pavel L Photo and Video/Shutterstock
Market analysis firm Gartner says shipments of new PCs plummeted during the first quarter of 2023, with brand owners offering steep discounts to clear out inventory. An analyst estimates prices will rise moderately through this year, however. Continue Reading
Lithium is selling for about $30,000 per metric ton, less than half of what it sold for in mid-2022. | Andrii Yalanskyi/Shutterstock
As demand for electric vehicles declines, prices for lithium, cobalt and copper are sliding down, potentially putting lithium-ion battery recyclers in a tight spot. Continue Reading
A view of Mitsubishi Materials’ Naoshima Smelter and Refinery on Naoshima Island in Japan. | Courtesy of Mitsubishi Materials
Metals producer Mitsubishi Materials purchased a stake in a startup working to build a smelter in Indiana. Meanwhile, the company unveiled plans to substantially increase its e-scrap recycling capacity in Japan. Continue Reading
Growing demand from Asian countries is boosting the value of copper, but experts remain cautious about the metal’s outlook. | Flegere/Shutterstock
The price of copper has continued to rise and is nearing a high not seen since June 2022.