SEOUL, Korea--(BUSINESS WIRE)--Electronic Recyclers International (ERI), the nation???s leading recycler
of electronic waste, announced today that it has reached an agreement
with LS-Nikko Copper, one of the world???s largest copper smelters, to
further extend the partnership and investment between the two
organizations.
“Proper waste management is not just a business option any more, but one
of the compulsory requirements of mankind”
Having launched the initial investment and partnership with ERI late
last year, Korea-based LS-Nikko Copper kicked-off an investment in the
tremendous promise of ???urban mining??? as a resource for precious metals.
The relationship also provided a home for the massive volume of
commodities that come from ERI???s electronic waste recycling facilities.
As part of the new agreement, LS-Nikko Copper has invested millions of
dollars and has increased its minority investment position in ERI.
???It is a tremendous honor and privilege to be extending our relationship
with one of the world???s top brands and business families ??? LS-Nikko
Copper and the Koo family,??? said John S. Shegerian, ERI???s Chairman and
CEO. ???Growing and building upon our existing partnership makes sense for
the environment and offers even more opportunities for commodity
recovery because electronic waste remains the fastest growing solid
waste stream in the world today. That this great brand has chosen to
build upon its relationship with us makes us particularly proud.???
???Proper waste management is not just a business option any more, but one
of the compulsory requirements of mankind,??? said Dr. S.W. Kang,
President and CEO of LS-Nikko Copper. ???Everyone should try to reduce
waste, and all waste should be managed safely and with the right
environmental processes in place. With this in mind, I think we have to
consider the recycling business as a public utility rather than a
commercial profit center. I believe LS-Nikko Copper and our US Partner ERI
can continue to make significant developments in waste management and
our efforts together will also continue to better society.???
LS-Nikko Copper plays a significant role in the development of the
world's electric and electronics??industries by producing and supplying
high quality basic materials while opening the door to the future of
copper smelting with innovative technology recognized the world over.
The company is also a green business trailblazer.
For more information on e-waste recycling, ERI, and all other recycling
needs, visit www.electronicrecyclers.com,
http://1800recycling.com
or www.urbanmining.org.
Now the leading recycler of electronic waste in the world,
Fresno-headquartered Electronic Recyclers International is licensed to
de-manufacture and recycle televisions, computer monitors, computers,
and other types of electronic equipment. ERI processes more than
140 million pounds of electronic waste annually in its six locations in
California, Washington, Colorado, Indianapolis, Massachusetts and Texas.
For more information about e-waste recycling and ERI, call
1-800-884-8466 or visit http://www.electronicrecyclers.com.
LS-Nikko Copper Inc. is a leader in the global copper and precious
metals smelting market. LS-Nikko Copper produces and supplies
high quality basic materials while opening the door to the future of
copper smelting with technology recognized the world over. The
company is focused on putting forth its utmost efforts in developing the
highest level of technology while striving to maintain its status as an
environmentally friendly business, always considering nature first.
Learn more at http://www.lsnikko.com/english/index.aspx.