Flooding the Market: Concerns raised over surplus of illegal imports in Mexican used market
Toronto, Ontario — The director of an organization representing Mexico’s auto parts industry has spoken out with concerns about his government’s handling of illegally imported used vehicles, as well as new policies that could hurt the local vehicle sales market. Alberto Bustamante, director of Mexico’s National Parts Industry (INA), spoke to reporters from Reuters about […]
No Battery Borders: Electra signs deal to recycle Japanese-sourced EV batteries in Ontario
Toronto, Ontario — In a deal that will link North American and Asian auto recycling markets, Electra Battery Materials issued a press release stating it has signed a battery recycling and cobalt sulfate supply agreement with Japanese conglomerate Marubeni Corporation. The deal will see Marubeni working alongside Electra to help source lithium-ion battery material for […]
Brighter Days: Output of U.S. recycling sector up 6.4 percent
Washington, D.C. — The resilience of the global recycling industry was showcased last week at the Institue of Scrap Recycling Industries (ISRI) annual conference and exposition stage as organization President Robin Wiener said U.S. recycling industry output is up 6.4 percent from pre-pandemic levels. “As the industry gathers virtually for our ISRI 2021 annual convention […]
