metals

Metals mining and smelter company Umicore described its recycling business as "resilient" in 2023, noting it was "below the exceptional performance" of the year before but still above pre-2020 levels. 

Ontario-headquartered Cyclic Materials is actively sourcing hard disks from ITAD firms for its magnet extraction and rare earth processing operations. The company is planning to expand with multiple facilities in the U.S. and Canada in the coming years.

Seeking to improve how batteries are recycled, Sensmet developed a technology that can provide real-time quantification of metals. 

Aurubis will invest $359 million at a smelter, gold maintains its recent high prices and researchers say recycled copper from e-scrap doesn't necessarily generate fewer greenhouse gasses than virgin mined metal. 

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.

TES and Enviri both reported progress toward sustainability goals in their 2022 reports. 

With help from Closed Loop Partners, metal sorting technology company VALIS Insights oversubscribed its seed round investment, putting it on track to begin implementing its data sharing systems. 

Prices for copper have been slipping to lows not seen since the May time frame. 

Spectro Alloys and Sortera Technologies are drawing up plans for multimillion-dollar expansions of their aluminum recycling capabilities. Spectro Alloys and Sortera Technologies are drawing up plans for multimillion-dollar expansions of their aluminum recycling capabilities. 

Leaders at Aurubis believe the company may have been ripped off to the tune of $194 million worth of metal, and insurance proceeds and restitution are unlikely to fully compensate the smelter company.