Evotus to start gold recovery plant in North Carolina

Evotus plans to start a plant in Raleigh, North Carolina, to recover investment-grade gold from e-scrap. The company raised about $1.2 million to build a 15,000-square-foot facility. The center will handle computer processors and other components with more than 1,500 grams of gold per ton.

Derek Ramsell founded the company in 2015 as a domestic solution for metals recovery. The company aims to serve as a downstream refining vendor for electronics recyclers. With the new plant, Evotus plans to start with a capacity of 500 pounds per day, running on one shift. It aims to recover up to 99 percent of the gold to produce bullion. 

“A lot of facilities are smelting and shipping overseas,” he says. “They’re not refiners. We’re able to provide a comprehensive solution where we’re able to fully separate the materials and extract purified metals and really take those technological advancements and provide value to suppliers. We’re using some pretty sophisticated software that takes our values from plants and metrics from plant operations and we’re able to communicate that direct with suppliers to make it easy to place materials with a well-known value.”  

Ramsell has been in the electronics recycling industry for about 12 years. He previously worked for a company in Upstate New York.