GreenRock, Creative Recycling acquires BluBox, best technology in rare earth recycling
Metal Stocks | 2012-02-23 03:03:17
GreenRock Rare Earth Recovery with its partner Creative Recycling Technologies acquired the Swiss Developed BluBox Rare Earth Processing Technology which is the world's best available technology for recovering heavy rare earth elements.
By Paul Ploumis
FLORIDA (Scrap Monster): GreenRock Rare Earth Recovery with its partner Creative Recycling Technologies acquired the Swiss Developed BluBox Rare Earth Processing Technology which is the world's best available technology for recovering heavy rare earth elements.
BluBox technology separates and recovers the heavy rare earth elements from a multitude of commercial and consumer end-of-life electronics in the most environmentally safe manner.
Jon Yob, CEO and Founder of Creative Recycling Systems said,"GreenRock and Creative Recycling are making a significant investment in world leading technology, bringing true e-cycling solutions to the US. We are very excited about our new technology's ability to address a major challenge of the electronics recycling industry, the processing and recovery of these strategically important rare earth materials."
The BluBox systems will be strategically placed across the country over the next couple of years. In addition to the positive environmental impact, the new GreenRock facilities will create hundreds of new jobs.
