Nextchem (MAIRE) enters the strategic business of critical and precious metals recovery and circularity by acquiring a 70% stake in ETEK which holds 100% of SISEMTEK
Italy, June 23 -- MAIRE announces that its subsidiary Nextchem, through its subsidiary Cirqlar Tech S.r.l., has acquired today a 70% stake in ETEK S.r.l. which holds 100% of SISEMTEK S.r.l., two Italian technology companies active in precious and strategic large-scale metals recycling technologies and proprietary equipment through an advanced pyrometallurgical solution and proprietary engineering know-how for hydrometallurgical processes. ETEK's technology enables the treatment of a broad range of feedstocks, including waste electrical and electronic equipment (so called e-waste or WEEE), spent catalysts, batteries, photovoltaic panels, mining tailings and other metal-bearing industrial residues. The process supports the production of black...
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