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
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
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
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
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
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
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
The two nationwide projects will collect household batteries and help improve access to recycling programs in underserved communities. | Vietnam Stock Photos/Shutterstock
Two battery recycling projects will add drop-off locations at hundreds of Staples and Batteries Plus across the country thanks to U.S. Department of Energy funds, the agency announced this week. Continue Reading
The Ontario-headquartered company opened in 2021 with two technologies: A magnet removal process called Mag-Xtract and a hydrometallurgical process called REEPure. | Courtesy of Cyclic Materials
Rare earth magnet recycler Cyclic Materials opened its first commercial-scale facility right on schedule, bringing 100 annual tons of recycling capacity to the market to prove its technology works at scale. Continue Reading
Amermin’s sorting and staging facility in Del Valle, Texas, funnels a variety of materials to the main processing facility in Lampasas, Texas. | Courtesy of AMERMIN
A Texas company that started out in oil and gas drill bit reclamation has now diversified into recovering e–scrap and other industrial material streams, and it’s adding facilities to house the growth. Continue Reading