(OFFICIAL) UK-based Exurban plans $340m e-waste recycling plant in US

LONDON, May 23 (Reuters) – British recycling company Exurban plans to open a facility in the United States to recover metals, including copper, gold and silver, from electronic waste such as mobile phones, computers and televisions, she announced on Monday. .

Recycling metals will be crucial to meeting the carbon emission reduction targets set by governments around the world.

Every year, millions of tons of e-waste are buried in landfills or shipped overseas, often to developing countries, where the poorly regulated disposal of electronic devices harms health and the environment.

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“Exurban will invest more than $340 million in the development of the world’s first zero-waste smelter and refinery designed specifically to process e-waste and other complex non-ferrous waste on a regional scale,” the company said in a statement.

The new facility will occupy 77 acres in the Adams Township Industrial Park in Fort Wayne, Indiana.

Producing metal from scrap uses much less energy than mining and smelting.

(This story officially corrects to remove reference to carbon and nuclear power in last paragraph after company clarified emissions)

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Reporting by Pratima Desai; Editing by Jan Harvey

Our standards: The Thomson Reuters Trust Principles.

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