Rio Tinto Backs US Recycling Project as Tariffs Upend Scrap Flow

Rio Tinto Backs US Recycling Project as Tariffs Upend Scrap Flow

Rio Tinto Group is investing in Exurban, a company planning to build an Indiana plant to recover metals from mobile phones, computers and other electronic waste, just as the Trump administration’s trade policies upend global scrap flows.

Rio Tinto backs US recycling project as tariffs upend scrap flow

Rio Tinto Group is investing in Exurban, a company planning to build an Indiana plant to recover metals from mobile phones, computers and other electronic waste, just as the Trump administration’s trade policies upend global scrap flows. Rio, together with recycling specialist Giampaolo Group, agreed to take a minority stake in Exurban of 10% to 15%, according to an investor newsletter seen by Bloomberg.