Showing posts with label glencore. Show all posts
Showing posts with label glencore. Show all posts

Recycling and "The World For Sale: The Most Powerful People You've Never Heard Of"

This Freakonomics Episode, "The Most Powerful People You've Never Heard of"  interviews authors Javier Blas and Jack Farchy about their book "The World For Sale" with of the same subtitle.

https://freakonomics.com/podcast/the-most-powerful-people-youve-never-heard-of-update/

This really tells the history of how the raw materials BUSINESS - the virgin raw materials mined and cut and pumped out of the ground - runs.  How they are bought and sold, and WHO they have been bought and sold by since the 1930s.  Mark Rich, original creator of Glencore, features, as does Trafigura which this blog covered 15 years ago as an actual case of Basel Convention dumping of industrial waste on Cote D'Ivoire in 2006 - by a virgin raw material mining and extraction company.

They don't use poverty porn. They have interviews of retired commodities traders who passed bags of cash (and thumbdrives of bitcoin) to trade copper, lead, gold, oil, bauxite and other non-recycled virgin raw materials for decades. Recyclers, this is our competition.

No need for me to recap it.  But if you are in the recycling business and don't know about Wagner Group, mining nationalization, bribes (historically deductible as a business expense in Switzerland), and how the Curse of Natural Resources works, then you are missing out on the main reason to keep doing what you are doing.

Just beneath the surface of the global economy, there is a hidden layer of dealmakers for whom war, chaos, and sanctions can be a great business opportunity. In this updated episode from 2025, journalists Javier Blas and Jack Farchy help us shine a light on the shadowy realm of commodity traders. You can find the transcript and show notes for this episode on our website here: https://freakonomics.com/podcast/the-... FOLLOW FREAKONOMICS RADIO: YouTube: https://freak.ws/3yIl6dl Apple Podcasts: https://freak.ws/3yAvQh0 Spotify: https://freak.ws/3TsdCmV

 

Short Post: Smelters and Financial Assurance.

Want to try something new.  Brief brilliant posts. Easy to read.

I've got totally bogged down by BAN.org and MIT. I have pages and pages of unposted blogs defending me and my clients.  

Totally quick brilliant blog post starts now.
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Primary copper, zinc and lead smelters can use CRT cullet instead of feldspar, galena, angelsite.
See my article on why they don't (Time out of Mined)
If the smelters are making a rational decision not to use the CRT cullet as fluxing agent (because of the multimillion, even billion dollar fines history with EPA over Superfund sites), then they need smaller secondary smelters, like NuLife, to manage it.
NuLife and other micro-smelters, which turn CRT glass into lead feedstock, need affordable closure plans.
So the primary smelters - Doe Run, Teck Cominco, Glencore, Southern Copper, Penoles, etc. - which individually could accept 200 tons per day of CRT glass but don't want to - should offer to take NuLife material under a closure plan.  A one time clean out situation, they take 60 days of recycled cullet.
EPA would never bother them, they'd be bailing EPA out of an undesirable closure situation.
The smelters would be paid for the "insurance" value.  They get say $20,000 per year just to SAY they WOULD take it if the closure was invoked.

The NuLife micro-smelter can make a significant contribution to USA's e-waste problem.  This is totally a smidge compared to the mining and primary smelting business, but EPA and environmentalists are obsessed with it.
To find out why, you have to read some of the 1,867 older longer blogs.  It's guilt, liability, psychology stuff.


BAN can free my genius to create more solutions if they stop being absolute pricks to people like Joe Benson, EcoPark, Net Peripheral, and my clients in Boston.