An integrated e-scrap recycling and metals refining company has paid more than $2 million for the facility and equipment of bankrupt e-scrap company Zloop.
Backers of a proposed federal ban on e-scrap exports say such legislation will keep faulty parts out of the U.S. national security system. However, an expert on Asian markets says the action fails to get at the root of the issue and may actually increase our use of virgin materials.
The Secure E-Waste Export and Recycling Act (SEERA) is just the latest attempt to enact unnecessary legislation to restrict the export of used electronic products.
Lawmakers in Ghana have reportedly approved legislation that will result in a national fund to provide collection and recycling services for end-of-life electronics.