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.
Continue Reading
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.
ECHG posted soaring profits for 2022, attributing the rise to growing margins and a significant acquisition.| Andrii Yalanskyi/Shutterstock
A family of southwestern U.S. ITAD and e-scrap businesses dramatically increased profit margins last year, both in reuse and recycling.
The latest Worldwide Quarterly Mobile Phone Tracker report predicted that shipments of smartphones in 2023 will see a slight decline instead of growing, as was previously forecast.| Maxx Studio/Shutterstock
After initially forecasting an increase in global smartphone shipments, the International Data Corporation now says it expects shipments to decline about 1.1% in 2023. Continue Reading
People are increasingly trading in devices online instead of in-person, according to Assurant’s latest trend report. | Sonyerry/Shutterstock
The secondary device market continues to evolve, an Assurant market report finds, with more people opting to trade in devices online. Continue Reading
Following a large acquisition and facing a management shakeup, Iron Mountain’s ITAD arm is posting growing revenues. | Bandersnatch/Shutterstock
Data management giant Iron Mountain saw a $213 million bump in its revenue last year because of its acquisition of ITRenew.