Jinchuan Group rises to 235th place on Fortune Global 500 list

Recently, one of the report stated that around 5 billion mobile devices may be sitting idle within enterprise organizations, while nearly 90% of Americans still keep old electronics at home. Data security concerns, weak collection channels and low recycling awareness continue to limit the release of copper- and precious-metal-bearing e-scrap into formal recycling systems.

ERI and Cyclic Materials have formed a strategic partnership to recover critical minerals from e-scrap. ERI will use its eight U.S. recycling facilities to sort and pre-process magnet-bearing electronics, while Cyclic will process the material at its Arizona facility, which can handle up to 25,000 tonnes of end-of-life components per year. Cyclic’s process also recovers metals such as copper and aluminium from the same feedstock.

Grupo Mexico reported a nearly 79% year-on-year increase in Q2 net profit to US$2.20 billion, supported by a 30.5% rise in copper prices. Q2 copper output fell 3.7% to 257,537 tonnes, while the company maintained its 2026 copper production guidance of 1.034 million tonnes. Grupo Mexico also raised US$1.25 billion through a 10-year bond issue to fund the Tia Maria copper project in Peru, which was 42% complete at the end of Q2.