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
The acquisition of Colt Recycling will give global metals recycling company Elemental Holding Group its first consumer electronics recycling- and reuse-focused operations in North America. | Courtesy of Colt Recycling
Global metals recycling company Elemental reached a deal to acquire e-scrap recycling and ITAD company Colt Recycling. The agreement came shortly after Colt doubled its e-scrap recycling capacity in the eastern U.S. Continue Reading
HyProMag also has ambitions to build similar rare earth magnet recycling facilities in Germany and the U.S. in the future. | Courtesy of University of Birmingham
The first full-scale rare earth magnet recycling facility in the U.K. will be based in Birmingham, England, following work by University of Birmingham researchers. Continue Reading
Orbex aims to help companies purchase recycled metal and ensure supply chain integrity. | MAXSHOT.PL/Shutterstock
Marketplace operator Orbex has announced a trading platform for certified recycled metals. Continue Reading
Apple’s new overhead projector-based augmented reality systems help humans disassemble products by following along with the projected images. | Photo courtesy of Apple
Apple is pushing to use more recycled metals in its products and deployed a system to make device dismantling easier for recycling contractors. Continue Reading
The REDWAVE XRF fine promises precise material identification and a purer end product. | Courtesy of REDWAVE
REDWAVE released a system that sorts fine metals using a belt rather than a chute. Continue Reading
The metals company now projects it will spend an additional 340 million euros ($375 million) on its Augusta, Ga. smelter. | Courtesy of Aurubis
As construction progresses “at full steam” on its secondary smelter in Georgia, Aurubis has decided to spend an additional $276 million to double the plant’s metals recovery capacity. Continue Reading
A session at the ISRI Convention in Nashville, Tenn. featured (from left) moderator Jacqueline Lotzkar, Zhang Lin and Robin Cai. | Dan Leif/E-Scrap News
Last week’s Institute of Scrap Recycling Industries Convention put a focus on two issues critical to the global side of the sector: the state of recycling in China and efforts to enhance shipping protocols. Continue Reading
Lithium is selling for about $30,000 per metric ton, less than half of what it sold for in mid-2022. | Andrii Yalanskyi/Shutterstock
As demand for electric vehicles declines, prices for lithium, cobalt and copper are sliding down, potentially putting lithium-ion battery recyclers in a tight spot. Continue Reading