Electronic Recyclers International (ERI) announces that it is hosting LS-Nikko’s first liaison office within the United States at the company’s Fresno, Calif., headquarters.
LS-Nikko, based in South Korea, is one of the largest copper smelters in the world.
Late last year, LS-Nikko announced plans to partner with ERI in an effort to invest in “urban mining” as a resource for precious metals. In turn, ERI is now using LS-Nikko as a home for the recyclable metal coming from ERI’s electronic scrap recycling facility.
“LS-Nikko Copper has proven their foresight by investing in us and investing in urban mining, and they are the first large smelter in the world to take the position in the new trend of urban mining,” said ERI Chairman and CEO John Shegerian.
“We are honored to provide a US home for our friends and partners LS-Nikko Copper, one of the world’s top brands and business families,” said John Shegerian, ERI’s Chairman and CEO. “Since our partnership offers such tremendous opportunities for commodity recovery, it makes sense that we be able to communicate seamlessly. By establishing an office here at ERI, LS-Nikko has once again has proven their foresight by investing in us and investing in urban mining. LS-Nikko is the first large smelter in the world to take such a strong position in the new trend of urban mining and is illustrating its dedication to the environmental and business promise of urban mining and the strength of our partnership.”
“Electronic Recyclers International is one of our most important business partners in the world today,” says Seong-Won Kang, president and CEO for LS-Nikko. “We look forward to expanding our recycling business in the United States, and our relationship with ERI provides us with our most significant asset in the United States.”