South Korea's LS Nikko to recycle 50,000 phones, targeting copper, precious metal recovery

South Korea's copper smelter LS Nikko is diversifying its raw-materials portfolio by smelting circuit boards in mobile phones collected across the country, the company said on Monday November 15.

The initiative is in collaboration with mobile phone distributor SK Networks to collect 50,000 used mobile phones via an artificial intelligence-based recyling platform, which could help manage and process disused IT equipment, a joint statement said.

LS-Nikko Copper, with an annual copper capacity of 680,000 tonnes, will process the printed circuit boards...

Published

Julian Luk

November 15, 2021

15:21 GMT

London