U.S.-based REEcycle includes a skid mounted drive disassembly system in its arsenal of tools for recovery rare earth elements from magnets. | Courtesy of REEcycle
Rare earth element recycler REEcycle received a $5.1 million award from the U.S. Department of Defense to advance its work in extracting elements critical to neodymium-iron-boron magnets — the key building blocks of renewable energy and national defense technologies. Continue Reading
Cascade described a year of relative stability and continued return to normalcy in the IT asset disposition market. | Courtesy of Cascade Asset Management
An annual industry overview from Cascade Asset Management found resale values have largely returned to pre-pandemic levels, and a majority of surveyed IT asset managers plan to maintain or ramp up technology spending in the coming year. That suggests plenty of incoming ITAD demand. Continue Reading
A site investigation found mercury vapor from lamp recycling throughout an Ohio facility, including administrative offices. | BOONJAEM/Shutterstock
A recent report from a U.S. occupational safety unit found significant levels of mercury vapor throughout an Ohio e-scrap and lamp recycling facility, leading the team to provide recommendations for protecting worker health. Continue Reading
Many of the awarded companies are exploring new ways of recovering rare earth magnets from end-of-life electronics. | stuphipps/Shutterstock
The Department of Energy’s aptly named E-SCRAP prize program has awarded funds to companies engaged in hard drive disassembly, rare earth magnet recovery, hydrometallurgy and e-plastics recycling. More companies are invited to apply this year. Continue Reading
The investment from equity firm Recognize comes after a decade of growth for Sprout. | DimiSotirov/Shutterstock
IT asset disposition company Sprout has received a majority investment from a New York City-based private equity firm, which predicts rising demand for ITAD services in the years to come. Continue Reading
A crucial early step after deciding to incorporate a shredder is to determine what materials a company wants to shred. | Big Wave Productions/Resource Recycling
Evolving technology in electronics shredding can help make value recovery more efficient and profitable, but there are several considerations companies must factor in before investing in new equipment, panelists said at the recent E-Scrap Conference. Continue Reading
Glencore will refine the recovered copper at its Horne smelter in Quebec and its Canadian refinery. | PitukTV/Shutterstock
Metals and rare earth processor Cyclic Materials will send copper from e-scrap, batteries and electric motors to Canada’s Glencore for refining. Continue Reading
During the year, the South Korean company processed more than 100,000 metric tons of assets, and made progress toward its 2030 goal of 1 million metric tons of assets repurposed. | Maxx Studio/Shutterstock
Korea-based ITAD giant SK Tes processed more than 100,000 metric tons of IT assets last year, the company reported in its newly released 2023 sustainability report. Continue Reading
While getting insurance for facilities has become much more difficult and costly, working closely with a broker to tell a story of safety can bring down costs, panelists said at the 2024 E-Scrap Conference. | Big Wave Productions/Resource Recycling
Rising insurance costs have been a topic of concern for several years, and while battery-induced fires have caught much of the attention, panelists at the 2024 E-Scrap Conference said there’s more to it – and more options are available to ease the pressure. Continue Reading
The acquisition provides strategic proximity to the San Francisco Bay Area’s myriad tech firms. | MD_Photography/Shutterstock
Arizona-based ITAD firm DMD Systems Recovery has acquired Basket Materials in a bid to provide services to California’s growing tech market and local data centers. Continue Reading