M&A: Sumitomo Takes Equity Stake in U.S. ITAD Firm GreenTek, Betting on AI-Driven Hardware Disposal

Sumitomo Corporation has taken an equity stake in GreenTek Solutions, a Texas-based IT asset disposition firm, becoming an equity-method affiliate as it enters the U.S. ITAD market amid AI-driven data center hardware turnover.

Raised Aurubis guidance sends positive signal for circuit board and metals recovery markets

Aurubis raised its full-year earnings outlook after stronger second-quarter results driven in part by higher returns from recycling materials and precious metals. The company’s performance and ongoing recycling-capacity expansion projects in Germany and the U.S. are being closely watched by electronics recyclers and ITAD firms as indicators of downstream demand for complex e-scrap and recovered metals.