Author Archives: zhengyangpcb

Australian Newcrest Mining Acquires Major Stake in Red Chris, B.C. Copper-Gold Mine

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Melbourne-based Newcrest Mining-Australia’s leading gold producer has announced acquisition of majority stake in Imperial Metals’ Red Chris copper and gold mine located in the province of British Colombia, Canada. The deal is subject to customary closing conditions including regulatory approvals and is expected to be completed in Q3 this year. Newcrest will pay USD 806.5 […]

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U.S. Aluminum Scrap Exports Rose Substantially

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The latest U.S. Census Bureau data suggests notable jump in aluminum scrap exports by the country during the previous year. The exports totaled $2.47 billion during 2018, significantly higher by 9.85% when matched with 2017. The country’s exports of aluminum scrap had totaled only $2.25 billion in 2017. Also, the monthly exports by value totaled […]

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U.S. Exports of Plastic Scrap Plummeted 30%

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The latest U.S. Census Bureau data suggests notable decline in exports of plastic waste and scrap by the country in 2018. The exports tumbled by 29.58% from $632.88 million in 2017 to $445.55 million in 2018. The top destination of export was neighboring Canada. The exports to that country totaled $69.08 million during the year, […]

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Surge in LME Aluminum Price Lifted Rusal’s Revenue by 3.1% in 2018

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Rusal- the leading global aluminum producer announced results for the full year ended 31 December, 2018. According to company press release, the profits for the year surged higher by 39% over the prior year in 2018 to total $1.698 billion. The company’s profit in 2017 was $1.222 billion. Also, the revenue reported growth of 3.1% […]

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World Scrap Import Trade Displayed Mixed Trend in 2018

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The scrap imports by various countries displayed mixed trend in 2018. While India, Taiwan and South Korea reported increased imports, other countries such as Turkey and Japan saw scrap import volumes declining during the year. India imported nearly 5.3 million tons of scrap in 2018, which is notably higher by 16% when compared with 2017. […]

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Dell Recycles 2 Billion Pounds of E-Waste

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Dell is one of the leading computer manufacturers that are doing good for the environment, as it has recycled 2 billion pounds of said e-waste ahead of a planned 2020 goal. The original proposals for Dell’s e-waste management goals were highlighted in a document from 2013. Appropriately named the “Legacy of Good Plan,” it set […]

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Crude Steel Production Surged 2.5% in South America

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The crude steel production by South American countries rose by 2.5% year-on-year in January 2019, says the latest monthly crude steel statistics published by the World Steel Association (worldsteel). The production by the region totaled 3.647 million tonnes (Mt) during the month, as compared with the production of 3.558 Mt in the same month a […]

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Wastequip to Acquire Garbage Truck, Hoist Manufacturer Amrep

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Under terms of the deal, Amrep will continue to operate as its own entity with the existing leadership team reporting directly to Wastequip CEO Marty Bryant. The deal is not expected to result in a reduction in force for either company. The addition of Amrep’s front load and automated side load refuse trucks fulfills Wastequip’s […]

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Total Reclaim Fined Over $500K for Illegal Toxic E-Waste Exports

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Total Reclaim, Inc. (TRI) has announced a $553,750 settlement with Oregon Attorney General and the Oregon Department of Environmental Quality (DEQ). $470,000 of the settlement amount will be distributed to the Oregon DEQ in support of their recycling efforts. The remainder will cover the cover the costs of DOJ investigation and legal fees. The above […]

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Scrap Gold, Silver and Platinum Prices Stay Muted on Index

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The daily scrap gold prices – hallmarked and non- hallmarked remained flat on Friday, 22nd February, 2019 on the ScrapMonster Price Index. The prices of scrap silver and Platinum too held steady on Index. In the Hallmarked category, the 14 carat gold scrap prices remained unchanged at $ 747.07 per Oz. The prices of 18 […]

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