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World news round-up 25 July 2014

Germany eyes higher plastics target; Global recycling increases; Cuba recycling boost; Precious metals targeted; Grupo Mexico to acquire US mine.

Germany calls for 50% plastics recycling target

German upper house of Parliament has urged the country to set a 50% target for plastics packaging recycling. The current target 22.5% is far too low, it said.  

EU Packaging Law

http://bit.ly/1uhCLDi

Recyling on the rise across the world

The Environmental and economic benefits of materials recovery are increasingly being recognised across the world, according to research by AcuComm. Projects worth more than $720m (£422m) were undertaken in June in the global recycling industry. There is significant activity in new markets such as Bahrain, the Czech Republic and South Africa, the report pointed out.

PRWEB UK

http://bit.ly/1peimcV

Cuba seeks to develop recycling industry

The Cuban government is to introduce measures to boost the country’s recycling industry. They include a new recycling law and the setting of prices to encourage the collection and recovery of recycling materials. The governmnet is also planning to set up a recycling unit for plastic materials in the central-southern province of Cienfuegos, to purchase new equipment to disassemble large and idle industrial facilities that possess large volumes of metal scrap, and to encourage foreign investments in the sector.

Cuba News Agency

http://bit.ly/1pJH7f

BlueOak Resources target precious metals recovery

US-based BlueOak Resources has chosen to use Tetronics International’s technology for a project to recover precious metals from e-waste. BlueOak looks to take advantage of the high demand for ‘technology metals’ like gold, silver, copper and palladium by creating urban refineries across the country and throughout the world.The first recovery facility will be established in Osceola, Arkansas. Production at the plant will commence by the end of 2015.

Cco-business.com

http://bit.ly/1rwworX

Grupo Mexico to acquire US copper mine

Grupo Mexico is close to sign a deal to buy Mitsui & Co.’s 25% stake in the Silver Bell copper mine in Arizona for about $120m (£70.4m), thereby becoming complete owner. The copper operation includes four open pits located in Marana, Arizona.

Mineweb

http://bit.ly/1tE9gHw

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