Wieland invests in ElectraMet to advance copper recovery and recycling

Wieland, a copper manufacturer with American offices in Louisville, Kentucky, has made an undisclosed investment in ElectraMet, an industrial wastewater recycler based in Lexington, Kentucky. The funds will enable ElectraMet, owned by PowerTech Water, Lexington, to accelerate product commercialization, including sustainable copper recycling from industrial wastewater.

"Increased demand and supply challenges from a decade of underinvestment are likely to drive the price of copper up by over 60 percent in the next few years,” says Cameron Lippert, CEO of ElectraMet. “Securing new sources of copper that doesn’t rely on mining in complicated geopolitical regions will be critical for the future. We are thrilled to be able to work with a world-renowned company such as Wieland to solve this challenge."

According to a news release from ElectraMet, the partnership with Wieland will further ElectraMet's ability to meet the growing customer demand for green solutions for wastewater treatment and the recovery of valuable resources that typically end up in landfills.

Wieland says it intends to use ElectraMet to recover copper in its facilities. 

"We are excited to partner with PowerTech Water on their ElectraMet platform, which has the potential to be a game-changer in water treatment," saysErwin Mayr, CEO of the Wieland Group.