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Tag Archives: processors

Feds loan $2B to Redwood Materials to build facility

Published: February 15, 2023
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Close-up of a Li-ion battery.

Redwood’s McCarran, Nev. campus will eventually produce about 100,000 metric tons of cathode active materials and 36,000 metric tons of ultra-thin battery-grade copper foil each year. | Allyson Kitts/Shutterstock

Redwood Materials has secured a major loan from the federal government, with some strings attached, to help build out its Nevada lithium-ion battery recycling campus. 

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ITAD company sees quick growth, $4M in four months

Published: February 1, 2023
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Angola, Ind.-based Refreshed Tech brought in 148,000 units for refurbishment between its founding in August 2022 and the end of the same year. | Courtesy of Refreshed Tech

Refreshed Tech closed 2022 with $4 million in sales after just four months of operation and is poised to triple its sales and double its staff in 2023.

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ITAD firm publishes data, market insights

Published: February 1, 2023
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Cascade Asset Management stores assets in a warehouse. It released a survey of customers that found a persistent gap in mobile asset tracking and continuing lack of awareness about certifications. | Courtesy of Cascade Asset Management

Expectations for higher IT spending, a persistent gap in mobile asset tracking and continuing lack of awareness about certifications were among the surprising takeaways in Cascade Asset Management’s latest survey of customers.

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Equipment Spotlight: Ameri-Shred targets small media for shredding

Published: February 1, 2023
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Closeup of the inside of an SSD drive.

M.2 SSDs tend to be 3 millimeters thick, 22 millimeters wide and either 60 millimeters or 80 millimeters long, with some variation. | Alberto Garcia Guillen/Shutterstock

As data-bearing equipment continues to get smaller, it creates the possibility for the devices to become too small to be handled by typical SSD shredders. 

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Millions of dollars move as Ohio CRT case winds down

Published: January 19, 2023
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1675 Watkins Road, which was cleaned up as of August 2022

As CRT cleanup litigation reaches a conclusion in Ohio, a similar legal battle is ramping up in Arizona. | Courtesy of EnSafe

An $11.2 million cleanup, $9.6 million property sale and $1 million “orphan share” – those were just a few key figures to emerge as the years-long legal battle over Closed Loop’s massive stockpile concludes.

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Rare earth magnet recycling ramps up in Texas

Published: January 11, 2023
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Noveon’s EcoFlux magnet requires 20% less material than traditionally produced magnets and requires 10% less energy to manufacture. | Courtesy of Noveon

When the founders of Noveon decided to tackle rare earth magnet recycling, they started at the beginning of the product’s life cycle instead of the end. 

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