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.
Redwood Materials recently raised $40 million to fund its efforts to develop a battery recycling process to supply the electric vehicle market. | Monkey Business Images/Shutterstock
A Nevada startup looking to build a major electric vehicle battery recycling operation is starting off by processing batteries from consumer electronics.
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.
Apple’s Cupertino, Calif. facility. | Uladzik Kryhin/Shutterstock
Apple recycled more than 100 million pounds of its devices last year, and it used 10% recycled or renewable materials across its product line. The company released the details in its annual sustainability report.
Gold is a key metal for e-scrap processors. | Don Bendickson/Shutterstock
Prices for an important precious metal increased notably in recent weeks, raising the value of recovered printed circuit boards.
EnviroLeach has been developing a non-toxic hydrometallurgical metals leaching method for several years. | Courtesy of Enviroleach.
Circuit board processor EnviroLeach is gearing up to bring its Canadian facility to commercial-scale capacity in the next two months. The company recently raised significant capital to help in that effort.
Japan’s Mitsubishi Materials is planning to invest over $100 million to boost its global e-scrap processing footprint.
Canada-based EnviroLeach is planning to open a processing facility that will use a non-toxic water-based formula to recover precious metals.
The recently introduced legislation covers solar panels in residential, commercial and industrial use. | Heinz Trebuth/Shutterstock
Legislation in Arizona would establish recycling requirements for end-of-life solar panels, requiring manufacturers to create a recycling program or face a per-panel fee at point-of-sale.
Umicore noted China’s restrictions on scrap material imports helped ensure an ample supply of scrap PCBs. | Iryna Imago/Shutterstock
Umicore enjoyed greater profits last year thanks in part to higher metals prices and China’s e-scrap imports crackdown, which increased the global supply of circuit board scrap.