Tag: Jewelery News

In New Zealand and Australia, green chemistry firm Mint is scaling up its community of city-based biorefineries to extract various metals, such as gold and copper, from e-waste in a equally low-carbon means. Mint’s Sydney-based operation will service about 25% of Australia’s whole printed-circuit-board waste , with plans to expand into the UK by 2024. With growing consciousness in regards to the environmental and social impacts of conventional mining, new green applied sciences might be scaled up sufficient to drive the expansion of a extra round financial system for valuable metals. ICRA estimates its sample set of 12 main organised jewellers to document a revenue growth of 12-15% YoY in FY2024, despite a high base and evolving macro-economic environment, in opposition to the expected industry development of 8-10% YoY. In terms of profitability, working margin of ICRA’s sample set is likely to stay snug and stabilise at around 7.5-8% over …