White Plains, New York-based Igneo, an electronics recycling company that produces high-grade copper concentrate from discarded low-grade consumer electronics, has announced the expansion of its operations in America. The expansion is in response to the success of its France-based electronic scrap recycling facility.
Igneo says it is preparing to expand its operations to Savannah, Georgia, with the site operational in the fourth quarter of 2023. The company says the new facility on the Southeast coast will produce 45,000 metric tons of renewable and recyclable copper concentrate, outproducing its French plant, which currently produces 15,000 metric tons each year.
“The Savannah project is just the beginning for our expansion plans,” says Danish Mir, CEO of Igneo. “We’re excited about extending our reach in the United States, and we hope to expand our European operations as well to bring Igneo to the forefront of the industry.”
According to a news release, the heart of Igneo’s growing success abroad and at home is the company’s patented multihearth technology. Escrap contains copper, gold, silver and palladium. Those metals are often combined with other materials, such as plastics, and need to be separated for reuse.
Igneo says it can separate and recover 98 percent of those metals while mitigating harmful emissions associated with traditional metal reclamation through pyrolysis.
Georgia Gov. Kemp's office announced the company's expansion plans in October of last year. Igneo is investing $110 million to open the facility at the Port of Savannah. The site is expected to create 150 jobs once fully operational.
Once fully operational, the company plans to move more than 10,000 20-foot equivalent units (TEUs) through Georgia’s ports system to customers across North America and the world, according to the governor's office.
The Georgia location will be Igneo's first such facility in the U.S.
For more information on the expansion, click here.