Some notable news in the recycling industry in the second week of January 2025

Here are the highlights from the metal recycling industry this past week:

Japan Boosts Recycling of Precious Metals from E-Waste

• In response to rising gold prices, Japan is intensifying efforts to recycle precious metals from circuit boards and electronic waste.
• A plant in Hiratsuka City near Yokohama, operated by Tanaka Kikinzoku Kogyo, processes around 3,000 tons of material annually to recover gold and other metals.
• The Japanese government is also promoting the recycling of other critical metals, such as those used in electric vehicles, to enhance economic security.

Vietnam Joins High-Profit Metal Recycling Industry

• Vietnam has signed a memorandum of understanding with Bangkok Assay Office Group from Thailand for a project to process gold from electronic waste in Binh Dinh Province, with an estimated investment of VND 2.4 trillion.
• This marks a significant step for Vietnam in entering the high-profit recycling industry for precious metals from e-waste, contributing to environmental protection.

Bac Ninh: 80 Metal Recycling Households in Man Xa Village Voluntarily Dismantle Furnaces

• In Man Xa Village, Van Mon Commune, Yen Phong District, Bac Ninh Province, 80 recycling households voluntarily dismantled their metal recycling furnaces.
• This effort follows directives from the Provincial Party Committee and People’s Committee to cease operations of illegal metal recycling facilities, reducing environmental pollution and ensuring community safety.

Hung Yen Relocates Metal Recycling Facilities to Centralized Craft Villages

• Hung Yen Province has completed relocating all metal recycling households, including lead recycling, from Dong Mai Village, Chi Dao Commune, Van Lam District, to a centralized craft village.
• This move aims to reduce environmental pollution in residential areas by ensuring that wastewater and emissions from recycling are collected and treated in a closed-loop system at the centralized production zone.

These updates reflect positive trends in managing and developing the metal recycling industry, contributing to environmental protection and sustainable economic growth.