The legal settlements were the latest in the Closed Loop Refining and Recovery CRT abandonment case in Phoenix. | Justin Pinkney/Shutterstock
Three e-scrap companies will pay a combined $2.2 million to help fund the cleanup of millions of pounds of CRT materials abandoned by Closed Loop Refining and Recovery in Phoenix. Continue Reading
Through ERI’s training program, adults with intellectual and developmental disabilities will earn certification in “Basic Production Principles.” | Damrong Rattanapong/Shutterstock
ERI is collaborating with several other organizations to bring a training program for e-scrap recycling to its Indiana facility. Continue Reading
Speaking during the “Maximizing the Value of Your Precious Metals” session were (from left to right) session moderator Bo Guilbeault of Starbucks, John Antonacci of Gannon & Scott, Kristina Picciotti of Global Electronic Recycling, and Naveed Moghadam of Aurubis. | Big Wave Productions
Each company has its own niche in the e-scrap and ITAD game, and by looking at other players as potential collaborators rather than fierce competitors, everyone can benefit financially. That was one takeaway from a recent conversation between a collector, refiner and smelter operator. Continue Reading
Iron Mountain, Envela Corporation and Li-Cycle Holdings recently released third-quarter earnings results, providing insight into markets. | Kenary820/Shutterstock
Iron Mountain says used electronics pricing was relatively steady during the third quarter, flattening out revenues for the company’s asset lifecycle segment. But Envela Corporation found decreased volumes of incoming electronics and solar panels hurt results at its ITAD and e-scrap companies. Continue Reading
TRY ITAD facility in Zama, Japan. | Photo courtesy of CSI Leasing.
CSI Leasing, a global firm that owns recycling and electronics processing facilities throughout the world including EPC, has increased its stake in TRY Corporation, an ITAD operation near Tokyo. Continue Reading
TES aims to repurpose 1 billion kilograms of electronics by 2030. | Chayanuphol/Shutterstock
TES and Enviri both reported progress toward sustainability goals in their 2022 reports. Continue Reading
The Sage Sustainable Electronics facility in Reno, Nev. | Courtesy of Sage Sustainable Electronics
A circular economy-focused investment firm is putting more dollars into the electronics reuse and recycling industry, this time acquiring a majority stake in Sage Sustainable Electronics. Continue Reading
Iron Mountain will pay $125 million up front and another $75 million in 2025 to acquire Regency Technologies, which boasts over $100 million in annual revenue. | Bandersnatch/Shutterstock
Data management giant Iron Mountain will acquire electronics reuse and recycling company Regency Technologies for $200 million. Continue Reading
With its latest acquisition, CSI Leasing advances its goal of “building global strategic alliances.” | Damrong Rattanapong/Shutterstock
The owner of EPC purchased an ITAD company in Malaysia to expand its capacity in Asia by 15,000 assets annually and take on more medium and large enterprise contracts. Continue Reading
Wisetek made 81.57 million euros worth of sales in the 2022 fiscal year. | ADragan/Shutterstock
ITAD company Wisetek Solutions managed to grow its global revenues by 4% during its 2022 fiscal year, despite the ongoing impacts of COVID-19 and lower secondary market pricing in Asia, according to a financial report. Continue Reading