Metal Recycling

June 30, 2011

Metal Recycling Importance increasing with Green credentials, Peak Everything and Rising Prices (Metallum,CMA)

This has started to make smart money increasingly interested in metal recycles.KKR the leading PE firm has made a $95 million dollar bet acquiring a leading metal recycler CMA. First Reserve followed suit soon afterwards with a 10 time bigger bet buying Metallum.Note e-waste recycling has become a highly profitable business as well both due to increasing government regulation and rising realizations from the useful products like gold,silver,copper extracted after recycling.Recycling is a Green alternative to extracting metal from mining as it uses less money,effort,energy reducing GHG emissions.