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Tag Archives: metals

Lithium-ion battery recycler nets major investment capital

Published: July 29, 2021
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A person signing business documents.

Redwood Materials is one of a handful of firms scaling up lithium-ion recycling processes. | OtmarW / Shutterstock

Redwood Materials, a growing Nevada-based battery recycling firm that recently partnered with an e-scrap processor, received more than $700 million in funding from various financing organizations.

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White House links e-scrap to ‘resilient supply chains’

Published: June 24, 2021
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Scrap hard drives for recycling.

A White House report emphasizes the importance of recycling in supplying the country with rare earth elements. | kazu326 / Shutterstock

The federal government should encourage design for recyclability in consumer electronics and support technologies that recover rare earth magnets from hard drives, according to a report from the Biden administration.

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Growing battery processor plans next US facility

Published: April 22, 2021
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Arizona on a map of the U.S.

Li-Cycle highlighted Arizona’s burgeoning electric vehicle sector as key to the location of the next facility. | Alexander Lukatskiy / Shutterstock

Lithium-ion battery recycling company Li-Cycle will build its third North American plant in the Phoenix area. The operation will be able to process up to 22 million pounds of batteries per year.

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Copper price climbs to recent record

Published: February 25, 2021
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Close-up view of circuit board paths.

Copper, a key non-ferrous metal recovered from scrap electronics, has generally been climbing in value since March 2020. | kilukilu/Shutterstock

After reaching an eight-year record last year, the price of copper has continued to increase, reaching its highest level in nearly a decade.

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Sims: Parts reuse helped offset 2020 cloud challenges

Published: February 18, 2021
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Hard drive closeup in a server rack.

Sims’ drive into the cloud was slowed by the coronavirus pandemic last year. | Maximumm/Shutterstock

Sims Lifecycle Services enjoyed a year-over-year profit boost in the latter half of 2020, although COVID-19 slowed the company’s push to recycle materials associated with cloud computing.

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