Geomega Resources and NeoCtech will both receive funding through NGen’s Global Innovation Cluster grant program | Zerbor/Shutterstock
Canadian industry-led nonprofit NGen awarded 86.7 million Canadian dollars ($64.2 million US dollars) in grants for 15 advanced manufacturing projects in Canada, including two rare-earth magnet recyclers. Continue Reading
The 7,800-square-foot Edmonton facility started operations Feb. 1. | Suttirat Wiriyanon/Shutterstock
Canadian ITAD company Quantum Lifecycle Partners opened a sixth ITAD facility, which will provide lifecycle management to the Alberta area. Continue Reading
Teck is looking to add EV batteries to its recycling operations, which already include lead batteries, zinc alkaline batteries and CRT glass. | Sergii Chernov/Shutterstock
Teck Resources, one of the few remaining end markets for CRT glass in the Americas, is considering building an electric vehicle recycling plant. Continue Reading
COVID-19 market changes created a turbulent few years for the used laptop market, but recent signs are pointing to a rebound. | ThamKC/Shutterstock
A well-known annual IT industry survey conducted by ITAD firm Cascade Asset Management found the device resale market crash that emerged in 2022 has begun to change course. Continue Reading
After a long working relationship, New York IT asset disposition firm 4THBIN and downstream processor ecoTech Management have merged. | Courtesy of 4THBIN
IT asset disposition firm 4THBIN and downstream processor ecoTech Management have joined together in a move company leaders say merges their expertise in the front-end and back-end sectors of used device management. Continue Reading
Quantum Lifecycle Partners, which operates this ITAD facility in Brampton, Ontario, recently acquired Paragon Bay Group. | Courtesy of Quantum Lifecycle Partners
An e-scrap processor is entering a new business sector by purchasing a telecommunications equipment supplier, and a major Canadian ITAD firm just got a little larger. Continue Reading
EPC opened a facility in Columbia, S.C that is double the size of the two facilities it replaced. | Damrong Rattanapong/Shutterstock
Processor EPC has combined the business operations of two U.S. facilities into a single South Carolina location, which has a footprint twice the size of the previous sites put together. Continue Reading
A shared focus on tracking and showcasing environmental, social, governance metrics to clients was a point of interest for the acquisition. | Chayanuphol/Shutterstock
Fast-growing processor Sprout late last year purchased key assets of CircleIT, a longtime processor previously known as HiTech Assets. A Sprout executive said CircleIT’s platform for tracking and reporting sustainability metrics to clients helped drive the deal. Continue Reading
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