Wieland Invests in ElectraMet for Sustainable Copper Recycling
Summary
The funds will reportedly enable ElectraMet to accelerate product commercialization, including sustainable copper recycling from industrial wastewater. 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. According to ElectraMet, working with Wieland will enable the company to expand its reach to secure new sources of recycled copper. “Increased demand and supply challenges from a decade of underinvestment are likely to drive the price of copper up by over 60% in the next few years. Securing new sources of copper that do not rely on mining in complicated geopolitical regions will be critical for the future.