SUNSHINE RecycleFlash Weekly: November 10-14, 2025

November 14, 2025

Silver Price Forecast: XAG/USD Gains Above 52.50 due to Rising US Data Uncertainty

Silver price (XAG/USD) retraces its recent losses from the previous session, trading around $52.70 per troy ounce during the Asian hours on Friday. This attracts buyers. Safe-haven demand for precious metals, including Silver, is rising amid uncertainty over the US economic outlook, fueled by a backlog of official data after the government’s reopening. Early private-sector readings for October point to a cooling labor market, softer consumer confidence, and lingering inflation concerns. National Economic Council Director Kevin Hassett cautioned that some October data may “never materialize,” as several agencies were unable to gather information during the shutdown. US President Donald Trump signed the government funding bill on Thursday to end the record 43-day government shutdown in US history. (Source: FXStreet)

Iron Ore Rangebound as Investors Digest Mixed China Data, Logs Weekly Gain

Iron ore futures prices moved in a tight range on Friday, as investors were digesting mixed signals: surprisingly firm demand data versus still weak property market data in top consumer China. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.26% higher at 772.5 yuan ($108.45) a metric ton. The benchmark December iron ore on the Singapore Exchange was 0.33% lower at $102.45 a ton, as of 0722 GMT. (Source: Refinitiv)

Gold Prices Seen Topping $5,000 by End of 2026, JP Morgan Says

Gold’s scorching rally is likely to take prices above the $5,000 an ounce mark next year, driven mainly by buying from central banks in emerging-market economies, according to JP Morgan Private Bank. Prices could reach $5,200 to $5,300 by the end of 2026, Alex Wolf, the firm’s global head of macro and fixed income strategy, said in an interview. That would be more than 25% higher than where the metal is currently trading. Purchases from central banks have been a key driver in bullion’s ferocious run over the past couple of years as policymakers sought a store of value and asset diversification. Prices reached record highs above $4,380 in October before pulling back in recent weeks. The precious metal is still up more than 50% this year. (Source: Mining.com)

SUNSHINE RecycleFlash Weekly: November 10-14, 2025

Tata Steel to Acquire BlueScope’s Stake in Indian Joint Venture for Up to $130 Million

Australian steel producer BlueScope Steel Ltd. has announced plans to withdraw from its Indian joint venture, Tata BlueScope Steel Private Limited (TBSPL), by selling its entire 50% stake to partner Tata Steel Ltd. The deal, valued at up to $130 million, will make TBSPL a fully owned subsidiary of Tata Steel upon completion. In a filing to the London Stock Exchange, Tata Steel confirmed that its Board of Directors approved the acquisition during a meeting. The proposed transaction remains subject to customary closing conditions and regulatory clearances, including approval from the Competition Commission of India and other relevant authorities. Once finalized, the transaction will end the 50:50 joint venture between the two global steel majors, formed to manufacture and market coated steel products and building solutions in India and neighboring regions. BlueScope anticipates generating net proceeds of approximately $179 million after taxes and related costs in the second half of FY26. The sale is expected to yield a net profit after tax of around $70 million. (Source: BlueScope Steel)

Indorama Ventures’ Fibers Business and Jiaren Chemical Recycling Form Joint Venture

Indorama Ventures’ Fibers business, a leading global supplier of recycled technical textiles, polyester fibers and yarns, and Jiaren Chemical Recycling, a technology leader in chemical polyester recycling, form a joint venture to accelerate circularity in the global textile industry. Both partners plan to leverage the joint venture to unlock up to 100,000 tonnes of textile-recycled PET spinning capacity annually, thereby enhancing the resilience and transparency of the global textile supply chain and optimizing the value both partners deliver to the industry. (Source: Indorama Ventures)

Clarios Accelerates Plans to Build Significant New U.S. Battery Recycling and Critical Mineral Processing Capacity

Clarios announced plans to expand its U.S. battery recycling and critical mineral processing capacity as part of its $6 billion American Energy Manufacturing Strategy. The company will fast-track the restart of its Florence, South Carolina facility, develop a new state-of-the-art U.S. recycling plant, and enhance North American sites in Mexico with AI and automation. These initiatives are expected to add up to 400,000 MT of recycling capacity, strengthen domestic supply chains, and advance U.S. energy independence and circular economy goals. (Source: Clarios)

Liberty Tire Recycling Opening Two New Facilities In Alabama

Liberty Tire Recycling announced it is opening two new facilities in Alabama, following the state’s decision to end the practice of landfilling whole tires. These new facilities will develop innovative, economic uses for waste tires and provide the infrastructure Alabama needs to manage waste tires responsibly. Liberty will open a facility in the Mobile area in early 2026 to serve southern and central Alabama and will announce a second facility in north Alabama next year. These investments will allow Liberty to provide outstanding service to the state’s population centers and rural communities. These new facilities will produce tire-derived fuel—a low-emissions fuel source used by pulp and paper facilities and cement kilns—and create up to 60 well-paying jobs with excellent benefits in Alabama. Liberty’s north Alabama location will also produce rubber feedstock that will be converted into crumb rubber and used in manufacturing. (Source: Liberty Tire Recycling)

Loop Industries Executes a Multi-Year Offtake Agreement With Nike

Loop Industries, Inc. announced a multi-year offtake agreement with NIKE, Inc., the global leader in athletic footwear and apparel. Under the agreement, Loop will supply Twist™, its virgin-quality circular polyester resin made exclusively from textile waste, establishing Nike as the anchor customer for the Infinite Loop™ India manufacturing facility which is being constructed in partnership with Ester Industries. This agreement with Nike further advances the implementation of Loop’s commercialization strategy and reflects Nike’s commitment to sustainable innovation. Loop’s Twist™ resin, a verifiable textile-to-textile solution, will be used to reduce the usage of virgin and recycled flake polyester across Nike’s product lines. (Source: Loop Industries)

TOYO and Voltec Solar Forge Strategic Partnership to Deliver Low-Carbon Solar Solutions Across Europe

TOYO Co., Ltd, a solar solution company, announced it has officially entered into a strategic partnership with Voltec Solar, a photovoltaic panel manufacturer based in France, marking TOYO’s entry into the European market and accelerating its global expansion toward low-carbon solar infrastructure. The signing ceremony took place at TOYO’s production base in Vietnam, where TOYO’s management was joined by Erick Valdez, Chief Operating Officer of Voltec Solar, Thomas Regrettier, Chief Technology Officer of Voltec Solar and Hironori Tokumoto of Abalance Group, the parent company of TOYO. Under the agreement, TOYO will become Voltec Solar's official solar cell supplier. The partnership leverages TOYO’s high-performance, low-carbon cell technology, which has enabled Voltec Solar to obtain a carbon footprint certification from Certisolis, a French laboratory specializing in photovoltaic solar panel testing. (Source: TOYO)

Aqua Metals and MOBY Robotics Sign MOU Establishing Collaboration Framework for Sustainable Refining of Deep-Sea Critical Minerals

Aqua Metals, Inc. announced a Memorandum of Understanding (MOU) with MOBY Robotics Inc. to advance early leadership in sustainable refining of deep-sea polymetallic nodules. The collaborative framework intends to utilize Aqua Metals’ low-temperature AquaRefining™ process to refine nodules containing nickel, cobalt, manganese, and rare earths to advance domestic solutions for critical mineral independence. Under the MOU, Aqua Metals and MOBY Robotics will collaborate to evaluate the technical and commercial feasibility of producing battery-grade materials from polymetallic deep-sea nodules. Aqua Metals plans to begin bench-scale testing later this year to adapt its process for this new feedstock. The companies will also evaluate the potential to extract and refine rare earth elements (REEs) from the nodules. Integrating REE recovery into the AquaRefining™ platform would expand Aqua Metals’ role in building the domestic supply chain for batteries, magnets, and advanced manufacturing while reducing reliance on overseas processing. (Source: Aqua Metals)

SUNSHINE RecycleFlash Weekly: November 10-14, 2025

The First Glass Recycling Line is Presented in Albania, with the Support of the EU4CELC Program

The first glass recycling line was reported to be presented in Albania, which represents a significant step towards the sustainable management of approximately 42,000 tons of glass waste per year. “Albania Glass Recycling” in Bubq, Krujë is the first glass recycling company in Albania, which represents a new step towards a circular economy. The recycling line was realized thanks to the support of the European Union through the EU4CELC program, with the support of GIZ Albania and BMZ, RecycAl – Circular Economy Park. Built by Albanian engineers, the line processes up to 36,000 tons/year, creating partnerships with manufacturers, distributors, and HORECA businesses to turn glass from landfill into a source of value. This process will yield two sustainable products: VetroPool – recycled glass sand for water filtration in swimming pools; Terrazo glass – decorative material for tiles, interior design, and urban furniture. The European Union delegation in Tirana notes that this is a concrete example of the circular economy in action and of the EU-Albania partnership for a greener future. (Source: European Newsroom)

NSW Takes Action to Phase Out Single-Use Plastics and Harmful Chemicals

The NSW Government has released the Plastics Plan 2.0, moving to phase out a range of problematic single-use plastics and harmful additives in a staged rollout for 2026–2030. The plan aims to eliminate hard-to-recycle items such as bread tags and pizza box savers (from late 2027), non-compostable plastic stickers on fruit and vegetables (by 2030), and introduce tethered caps for plastic bottles by 2030. It also mandates that takeaway food-service outlets will begin accepting reusable cups from mid-2028, with large businesses required to offer reusable-cup options by 2030. Small single-serve condiment containers (e.g., soy-sauce “fish” bottles) will be regulated to become recyclable by 2030. The plan further includes a “green/red” chemical list for plastics, design-for-recycling standards, and support for investment in recycling infrastructure. The phased approach is intended to give businesses time to adapt and transition smoothly. (Source: NSW Government)

India Slaps Anti-Dumping Duty on Vietnam Steel

India has imposed an anti-dumping duty on steel exported from Vietnam, in a move aimed at curbing the rerouting of Chinese steel through Vietnam, according to sector watchers. The notification sets an anti-dumping duty of USD 121.55 per tonne on hot-rolled flat products of alloy or non-alloy steel for five years. Steel manufactured by Hoa Phat Dung Quat Steel JSC is exempt from the duty, as the Economic Times reported. An investigation conducted by the Directorate General of Trade Remedies (DGTR) concluded that the product had been exported to India at prices below its normal value. The DGTR launched the probe following a complaint filed by the Indian Steel Association on behalf of domestic producers JSW Steel Limited and ArcelorMittal Nippon Steel India. The investigation covered the period from January 2023 to March 2024. (Source: Trading Economics)

The Nigerian Government to Enforce Ban on Single-Use Plastics

According to official reports, the Nigerian government has inaugurated an inter-ministerial committee to oversee the implementation of a nationwide ban on single-use plastics (SUPs), marking a significant shift in environmental policy. The ban follows approval from the Federal Executive Council (FEC) on June 25, 2024, based on a memorandum presented by the Minister of Environment. It targets PET bottles, styrofoam, plastic bags, sachet water, and straws. The initiative aims to reduce marine pollution and land degradation while supporting global sustainability goals. The committee will monitor the ban’s implementation, assess its impacts, and promote environmental best practices across the plastic value chain. (Source: The Nation)

SUNSHINE RecycleFlash Weekly: November 10-14, 2025