Metal Recycling & Scrap Processing

The world uses nearly 2 billion tons of steel a year, and almost a third of it doesn't come from a mine — it comes from “old stuff”: shredded cars, demolished buildings, worn-out appliances. The business that collects, shreds, and sorts this scrap to feed “electric arc furnaces” (EAF) is the quiet backbone of decarbonizing heavy industry, because steel from scrap emits about 75% less carbon than steel from ore, and aluminum from scrap uses up to 95% less energy. This is the story of the “above-ground mine” — a boring business that suddenly became a strategic resource every country is racing to hoard.

China

Metal Recycling & Scrap Processing▲

Feinan Resources Wins Disposal Project for Scrapped Items from a Telecom Equipment Company and Signs Agreement

Feinan Resources announced that the company has won the destruction-type scrapped item disposal project of a well-known domestic communications equipment enterprise, and recently signed a scrapped item disposal agreement with the tendering party. The estimated quantity of scrapped items to be disposed of under the agreement is about 21,000 tonnes. The agreement takes effect on October 1, 2026, and is valid until September 30, 2028. The company said that the performance of the agreement is expected to have a positive impact on overall operations, but will not have a significant impact on operating results in the short term.

Guangdong Fein… ▲

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Climate Adaptation & Water › Waste Management & Circular Economy ▲Demand

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Critical Materials & Supply Chain › Copper Recycling & Secondary Metal ▲Demand

301500.CS · Demand · Positive Feinan won and signed a disposal agreement for ~21,000 tonnes of scrapped telecom equipment, a concrete new order expected to positively impact operations.

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