New division seeks to boost electronic scrap collection.
The Japan-based company Mitsubishi Materials Corp.
has established a new department for its electronics recycling business within its Mitsubishi Materials U.S.A. Corp.’s Los Angeles office. The new division opened July 1, 2014.
According to Mitsubishi, the new department seeks to strengthen the collection system for electronic scrap from crushed circuit boards among end-of-life appliances and electronic equipment, which is the main raw material for the recycling business in copper smelting, the company says.
In announcing the new division, Mitsubishi says that as a metals company it is actively addressing the establishment of a recycling-oriented society that recovers and recycles valuable metals by processing electronic scrap. To accomplish this, the company has expanded the volume of material it is receiving, primarily from the United States and Europe.
Mitsubishi adds that the North American electronic scrap market continues to flourish, with imports to Japan from North America reaching 28,000 tons in 2013.
To continue to grow this business, Mitsubishi says it has decided to establish a base for business development in the U.S., which would operate under the company’s Mitsubishi Materials U.S.A. Corp.