Morningstar, a financial services and analysis firm, has suggested declining copper prices might portend a broader economic slowdown. | Flegere/Shutterstock
Prices for copper have been slipping to lows not seen since the May time frame. Continue Reading
Sortera Technologies recently received major funding, and Spectro Alloys announced plans to construct a new building. | John New/Shutterstock
Spectro Alloys and Sortera Technologies are drawing up plans for multimillion-dollar expansions of their aluminum recycling capabilities. Continue Reading
As investigations into the thefts continue, Aurubis plans to file an insurance claim amounting to around $31.5 million. | Teerasak Ladnongkhun/Shutterstock
Leaders at Aurubis believe the company may have been ripped off to the tune of $194 million worth of metal, and insurance proceeds and restitution are unlikely to fully compensate the smelter company. Continue Reading
Internal investigations at Aurubis estimate that the value of the stolen material is in the “low, three-digit-million-euro range.” | Foto-select/Shutterstock
Copper recycler Aurubis says an audit that’s underway will reveal just how much valuable metal has been stolen from its Hamburg, Germany smelter. It could be hundreds of millions of dollars worth. Continue Reading
Missouri-based Phinix has applied for a patent for its aluminum purification technology. | Courtesy of Constellium
A secondary aluminum company has begun licensing a technology to reduce impurities in molten recycled aluminum, according to the REMADE Institute. Continue Reading
A Google employee swaps out a motherboard at Google’s data center in The Dalles, Ore. | Courtesy of Google
Google’s latest environmental sustainability report highlighted how the tech giant is working to increase its use of recycled materials and decrease its waste. Continue Reading
E-scrap processors are developing strategies for an increasing number of PV modules entering the market. | Hill120 / Shutterstock
Modern Mining Technology Corporation plans to offer 2 million shares priced at roughly $5.00 each. | KPixMining/Shutterstock
A company with a pilot plant for extracting precious metals from printed circuit boards has filed to become a publicly traded company. Continue Reading
Boliden estimates it lost about $19 million in second-quarter operating profits due to a fire at its flagship copper smelter. | Amy VonDe/Shutterstock
Global economic concerns and rising interest rates put a damper on metals prices during the second quarter, although gold and silver values were up because of investor interest, according to a major smelter operator. Continue Reading
Shuttering its e-scrap arm will save EnviroMetal just under $65,000 in monthly operating costs. | Wirestock Creators/Shutterstock
Canadian precious metal recovery company EnviroMetal officially closed its e-scrap facility, completing its transition to simply licensing out its metals recovery technology to gold miners. Continue Reading