Metal recycling business, Recycling Lives has made its first shipment of recovered metals to Spain.
The company says that the shipment, from the Port of Liverpool in July, is its latest move to build supply links to manufacturing industries in Europe.
One of the UK’s large metals recycling businesses, Recycling Lives exports almost 500,000 tonnes of ferrous and non-ferrous metals annually.
The company said that it has “strong and long-standing relationships” supplying metal recycled from cars and other waste streams to markets in China, Pakistan, India, Bangladesh and Russia.
With the business “expanding and a strategic shift to increasingly focus on the circular economy,” Recycling Lives said it is seeking to build more links within Europe, such as the shipment to Spain.
‘Global market’
Managing director of the cars division and head of group trading at Recycling Lives, Tazamul Sarodia was on hand to watch the first 4,000 tonne shipment to Spain leave the Port of Liverpool.
He commented: “Recycled metal is a global commodity market, and there is a healthy demand for metals we extract from around 130,000 cars each year, and thousands of tonnes of other metal products. The recovered metal we export goes back into the furnaces and foundries to emerge as ingots, plate and bars to be used again in manufacturing – a good example of the circular economy in action.”
Mr Sarodia continued: “We are constantly exploring new markets as our company grows, and it is good business sense and good for the environment to also look at customers closer to home.”
Acquisition
The company has grown in recent years and was boosted in 2019 by the acquisition of Metal & Waste Recycling Ltd apart from its two sites in Edmonton and Neasden, London.
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Source: letsrecycle.com Metal
