Your junk is needed for the new electric era
1 month ago

Your junk is needed for the new electric era

Live Mint  

ROUYN-NORANDA, Quebec—One of the world’s largest miners is digging into America’s junk drawers, old phones and landfills. Shredded cellphones, obsolete computer cables and chewed-up cars are heaped 30 feet high outside Glencore’s 97-year-old copper smelter deep in Canada’s sparsely populated boreal forest. “In the next 25 years we will consume more copper than humanity has consumed until now," said Kunal Sinha, Glencore’s global head of recycling. “Scrap is really determining, in some respects, what price level you’ll get to," Mulqueen said. Glencore recently bought a failed electronics recycling facility in Arkansas and will use it, too, to gather scrap, Sinha said.

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