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Tag Archives: metals

Precious metals market drives Umicore 2021 growth

Published: February 24, 2022
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Umicore logo on a screen under a magnifying glass.

Umicore recovers a number of metals from scrap materials at its smelting and refining complex in Hoboken, Belgium, including printed circuit boards from North America. | Pavel Kapysh/Shutterstock

Metals mining and smelter company Umicore notched all-time record revenues and earnings in 2021 due to the high prices of precious metals, with recycling revenue increasing by one-third.

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Battery recycling startups raise funds and plan growth

Published: February 17, 2022
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Laptop batteries for recycling.

Battery recycling firm Nth Cycle recently raised over $12M to fund commercial deployment of the company’s recovery technology. | DAMRONG RATTANAPONG/Shutterstock

As electric vehicles and lithium-ion battery devices become ever-more ubiquitous, battery recyclers are expanding their operations and improving technology. The following are updates on two startups.

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Gold prices appear uncertain in 2022

Published: February 3, 2022
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Scrap PCB materials for recycling.

A brewing military conflict in Eastern Europe and U.S. monetary policy changes are among the numerous influences on the price of gold, a key e-scrap metal. | Sebastian_Photography/Shutterstock

Just a couple months ago, experts were predicting a continued rise in gold prices because of inflation concerns. Now, with global and domestic developments, the outlook isn’t so certain.

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Glencore boosts gold and copper recovery from e-scrap last year

Published: December 16, 2021
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Glencore logo on screen.

In its sustainability report, Glencore noted it is looking to grow its metals recycling capabilities in North America. | PixieMe/Shutterstock

Glencore harvested nearly 100,000 pounds of precious metals and 60 million pounds of copper from electronic scrap last year, according to the company’s 2021 sustainability report.

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Analysts: EV battery recycling sector nascent for next decade

Published: December 16, 2021
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EV Battery Pack - Sergii Chernov-Shutterstock

Analysts suggest there is not a critical mass of end-of-life EV batteries available to support fast scaling of the industry. | Sergii Chernov/Shutterstock

Lithium-ion battery recycling facilities are being announced with greater frequency, many aiming to capture the emerging supply of end-of-life electric vehicle batteries. But a research firm says several factors will prevent this industry from ramping up until after 2030.
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