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Tag Archives: metals

German smelter again struck by large-scale metals theft

Published: September 7, 2023
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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

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Metals prices and smelter fire dent Boliden’s financials

Published: July 26, 2023
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Shredded e-scrap showing gold and other metals.

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

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EnviroMetal closes e-scrap facility, focuses on licensing

Published: July 20, 2023
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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

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Global metals company to acquire Colt Recycling

Published: June 22, 2023
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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

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Rare earth recycling company plans UK facility

Published: June 1, 2023
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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

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