Global economic concerns and rising interest rates put a damper on metals prices during the second quarter, although gold and silver values were up because of investor interest, according to a major smelter operator.
In a wide-ranging hearing on electronics recycling and reuse, several U.S. senators heard discussion about how export restrictions affect U.S. industry.
Sustainable Electronics Recycling International is planning several programs to lower entry barriers for smaller companies and build a more equitable recycling network, including a mentoring program and R2 training courses.
Canadian precious metal recovery company EnviroMetal officially closed its e-scrap facility, completing its transition to simply licensing out its metals recovery technology to gold miners.
Cascade Asset Management found that selling used electronics through e-commerce marketplaces brought substantially more revenue growth than selling to wholesalers last year. The ITAD company still joined many others in suffering an overall drop in prices.
Dynamic Lifecycle Innovations launched a carbon calculator that will allow customers to estimate how many scope 3 emissions their recycling diverts. It also released its first Environmental, Social, and Governance report.
At his current rate, the former CEO of 5R Processors will fully pay off his $2 million in court-ordered e-scrap abandonment restitution in roughly 1,200 years. Knowing that, Wisconsin lawmakers just approved allocating another $2 million in public funds to clean up the mess.
Two municipalities in Florida have sidestepped sending household e-scrap to their contracted processor for recycling and are instead hauling material to a waste-to-energy plant.
ERI processed slightly fewer total pounds of electronics last year, but the weight of devices it diverted for reuse increased, according to the company's latest sustainability report.