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Tag Archives: metals

Korea Zinc continues fighting takeover

Published: December 19, 2024
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Korea Zinc logo under magnifying glass

Korea Zinc shareholder Young Poong and private equity firm MBK Partners submitted an unexpected and “uninvited” bid to purchase a majority stake in Korea Zinc in September, which management has been fighting. | Pavel Kapysh/Shutterstock

The power struggle between South Korean smelting company Korea Zinc and a private equity firm that wants to seize control of the company is continuing, with both using press conferences and statements to publicly attack the other’s business decisions. Continue Reading

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Circuit board processor sites first US facility

Published: December 5, 2024
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The Texas facility will use solvents to recover copper, gold and more from dissolved circuit boards, providing an alternative to traditional smelting. | Photo courtesy Mint Innovation

Mint Innovation, an Australian company that is scaling up a hydrometallurgical technology to recover precious metals from e-scrap, this week began construction on a $20 million refinery in Texas capable of processing nearly 9 million pounds per year of printed circuit boards. Continue Reading

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IEA report calls for scaling up minerals recycling

Published: November 26, 2024
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Open pit copper mine in Arizona.

A new report from the International Energy Agency found that recycling could lower the need for new mining activity by 25% to 40% by 2050, if scaled up properly. | GS Photography/Shutterstock

A report from the International Energy Agency emphasized the “importance of unlocking the potential of recycling” and laid out policy recommendations for scaling up the industry globally.  Continue Reading

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Envela reports stronger Q3 ITAD revenues

Published: November 21, 2024
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Shredded e-scrap showing gold and other metals.

Texas-headquartered Envela is the parent company of ITAD companies Echo Environmental, ITAD USA, Teladvance, CEX and Avail. | Amy VonDe/Shutterstock

Envela, the parent company of ITAD company Echo and others, reported higher revenue and operating costs in the third quarter of the year, thanks to a new client.  Continue Reading

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Smelter alternative gears up for US entrance

Published: October 17, 2024
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Mint’s Australian processing plant is the company’s first commercial-scale operation, and it’s now bringing that hydrometallurgical processing technology to North America. | Courtesy of Mint Innovation

After several years commercializing its technology, Australia-based hydrometallurgical processing company Mint Innovation is getting ready to build its first U.S. facility, which will provide an outlet for various grades of circuit boards. Continue Reading

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Aurubis starts up Georgia smelter

Published: September 30, 2024
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Aurubis’ latest facility has the capacity to process over 180,000 tons of complex recycling materials annually, including circuit boards and copper cables. | Courtesy of Arubis

German company Aurubis has brought its multi-metal recycling facility in Georgia online after two years of work.  Continue Reading

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Korea Zinc defends e-scrap acquisition amid buyout feud

Published: September 30, 2024
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A private equity firm, MBK Partners, and shareholder Young Poong submitted a bid to purchase a majority stake in Korea Zinc, a move the smelting company called a “hostile takeover.” | Pavel Kapysh/Shutterstock

Top executives at South Korean smelting giant Korea Zinc are locked in a battle with a private equity firm that wants to seize control of the company. As the fight has spilled into the public arena, the equity firm has attacked the company’s recent business decisions, including its purchase of U.S.-based processor Igneo Holdings. Continue Reading

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Metals market fluctuations filter down to e-scrap sector

Published: September 6, 2024
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Printed circuit boards for recycling.

Changes in pricing for various metals largely balanced each other out this year, e-scrap industry experts noted. | Iryna-Imago/Shutterstock

Prices for key e-scrap metals have experienced a wild ride this year, and the shifts in value have piled onto global trade regulations and ongoing dematerialization to create a challenging economic picture for the industry. Continue Reading

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Enviri gets closer to 2025 ESG goals

Published: August 1, 2024
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Enviri has a goal of deriving at least 90% of its annual revenue from its environmental solutions businesses by 2025 and hit 87% in 2023. | Mameraman/Shutterstock

Industrial and specialty recycled material processor Enviri released its 2023 environmental, social and governance report, which touched on the electronics it recycles via its subsidiary Clean Earth.  Continue Reading

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