September 30, 2021: Polish recycling and mining group Elemental Holding said on September 18 it had bought the US firm Legend Smelting and Recycling, which recycles strategic metals including lead-acid batteries.
The move will strengthen Elemental’s business in North America, it says, as LSR is a big player in the US market, having sourced and produced strategic metals in the country for about 40 years.
LSR says it recycles non-ferrous metals — ‘everything from aluminium to zinc’, including lead batteries.
Acquiring LSR certainly fits with Elemental’s recycling business lines, which are four-fold: spent automotive catalysts, waste electrical and electronic equipment, printed circuit boards and non-ferrous metal scrap.
Earlier this year Elemental bought the catalyst recycler PGM of Texas and auto scrap recycler Maryland Core Inc.
“By integrating entities operating around the world, the Elemental Holding SA Group invests in the latest technologies that make the production process of strategic raw materials fully sustainable and based on best practices,” the firm says.
Alongside its non-ferrous metals recycling, LSR specializes in the recycling of catalytic converters — which contain platinum, palladium and rhodium, collectively known as Platinum Group Metals.