Achievement Unlocked: Finland’s Fortum successfully recovers raw material from shredded EV batteries
Harjavalta, Finland – Finnish energy company Fortum has begun recovering raw materials from the “black mass” of electric vehicle (EV) batteries at its new recycling facility, marking an achievement in worldwide EV recycling. “Black mass” is an unofficial term for the shredded material from used batteries, referring to the lithium, cobalt and nickel contents which […]
Premature Disappearance: Insurers likely writing off electric vehicles for scratched batteries
Toronto, Ontario — Excited to dive into the world of electric vehicle (EV) recycling? With the current state of insurance, an EV might be written off completely if its battery is dented, warped or slightly scratched. According to an article first published by the Times Live, this stems from a general inability to assess or […]
Very Merry for Gary: Gary Johnson to represent Quebec on ARC board of reps
Danford Lake, Quebec — Danford Lake, Que.’s own Gary Johnson has been appointed to the board of representatives for the Association des recycleurs de pièces d’autos et de camions (ARPAC), to represent the province alongside Recycleur Duverynay’s Pierre Robitaille. Johnson is the second-generation owner of Johnson Auto Wreckers Plus, where his family has served the […]
Electric car batteries need cobalt, says Umicore
By CRM Staff Toronto, Ontario — February 14 –– Umicore has announced that cobalt will continue to be used in electric vehicle batteries, although it is becoming scarcer and more expensive. This comes in spite of recent moves toward using higher nickel compounds to boost energy density and cut costs. Marc Grynberg, chief executive officer, […]
Maintaining an online presence in the world of auto recycling
Toronto, Ontario — January 3, 3018 — In this day and age, an online presence along with a strong position within the social sphere is crucial for a successful business. Auto recyclers are no exceptions when it comes to the digital revolution. John Logel and Matt Jacobs of Logel’s Auto Parts, in Kitchener, Ontario, have […]
OARA Conference highlights role of auto recycling in a sustainable economy
By Mike Davey and Jeff Sanford Toronto, Ontario — March 23, 2016 — The Ontario Automotive Recyclers Association (OARA) has concluded its 2016 Conference and Trade Show. The OARA Conference is the single largest auto recycling event in Canada, drawing attendees and presenters from well outside of Ontario. The conference took place March 18 to […]
Ransomware cyberattacker did not pretend to be Car-Part.com employee
By Mike Davey Hamilton, Ontario — March 14, 2016 — A recent “ransomware” attack on an automotive recycler has increased concerns about cybersecurity in the automotive aftermarket. Ransomware is a type of malicious software designed to block access to a computer system until a sum of money is paid. Usually the demand is accompanied by […]
Recent increase in global scrap steel prices
Toronto, Ontario — March 9, 2016 — Good news for automotive recyclers: there’s been an unexpected upturn in ferrous scrap prices recently. A number of experts have weighed in on whether the price bump will last. The price increase is quite recent and follows numbers in January that showed a decline in world steel production. […]
OARA Convention to present on revenue boosts, new regulations and more
By Mike Davey Markham, Ontario — March 9, 2016 — There’s barely a week to go before Canada’s largest automotive recycling event opens its doors. Presented by the Ontario Automotive Recyclers Association (OARA), the 2016 OARA Convention & Trade Show takes place March 17 to 20 at Markham Suites Conference Centre in Markham, Ontario. The […]
Automotive Commodity Exchange and MCI Cores announce merger
St. Louis, Missouri — February 24, 2016 — Automotive Commodity Exchange (ACE) and MCI Cores (MCI) have signed a definitive merger agreement. This agreement combines the collection, harvesting, and distribution of “big” automotive cores and commodities processed by ACE with that of the “small” automotive cores and commodities processed by MCI. “Big” automotive cores encompass […]
