Today’s newsletter sponsor: Blackbelt360

Supporting customers in 20+ countries, Blackbelt360 has securely erased 31.9 million+ devices and completed 4.7 million+ diagnostic tests, helping refurbishers, retailers and ITAD providers scale device lifecycle operations with confidence.
Industry News
Collaborations and Partnerships:
Industry leaders unite to unlock more value from retail returns. The Logistics Leaders Network, Circular Connect and Unipart will bring together retailers, solution providers and reverse logistics specialists at the “From Returns to Revenue” conference and Meet the Buyer forum in Oxford this September. Read more.
Triage Partners and PyxTech launch assessIT Fair Market Value solution. The platform combines AI-powered pricing and market intelligence to deliver accurate asset valuations, helping organisations maximise technology value recovery. Read more.
ERI and Cyclic Materials partner to recover rare earths from e-waste. The strategic agreement combines ERI’s nationwide collection network with Cyclic Materials’ commercial rare earth recovery technologies, creating one of the largest rare earth recovery ecosystems in the US. Read more.
Pirelli, Pyrum, Synthos and BASF partner on tyre circularity. The collaboration will convert end-of-life and production scrap tyres into certified secondary raw materials for new Pirelli tyres, creating a traceable tyre-to-tyre value chain. Read more.
Company Updates:
ReturnPro report highlights weight-loss medication impact on apparel returns. New research found that users of GLP-1 medications are increasingly buying multiple sizes, driving higher return volumes and increasing demand for more flexible returns and exchange programmes as body sizes change. Read more.
LG surpasses 2030 resource circularity target ahead of schedule. The company achieved a 97.3% waste recycling rate across its domestic and overseas business sites in 2025, exceeding its 95% target while reducing Scope 1 and 2 emissions below its 2030 goal. Read more.
The Exploration Company adopts Siemens software to accelerate reusable spacecraft development. The company is using Siemens Xcelerator to reduce engineering complexity, improve collaboration and streamline development of its reusable Nyx spacecraft and rocket propulsion systems. Read more.
Office furniture manufacturer Sedus pivots to a circular business model. The German company has introduced rental, return, refurbishment and resale services, shifting from product sales towards lifecycle management and circular services. Read more.
Regional Developments:
Global rare earth recovery from end-of-life products could double by 2040. New research suggests improved collection, product design and recovery technologies could significantly increase secondary rare earth supply, reducing reliance on primary extraction. Read more.
Enviroo identifies £750 million investment gap for UK PET reprocessing. A new white paper outlines the policy measures needed to unlock domestic investment in food-grade rPET infrastructure, supporting the UK’s Deposit Return Scheme and bottle-to-bottle circularity. Read more.
Investment News
M&A:
CVC DIF acquires majority stake in EcoEridania. The investment will support the Italian waste management company’s next phase of growth, enhancing operational capabilities, strengthening its nationwide platform and pursuing strategic expansion opportunities. Read more.
Venture and Growth Capital:
Phoenix Tailings launches $1 billion initiative to rebuild America’s rare earth industrial base. Backed by a $500 million conditional commitment from the US Department of War, the project will establish domestic rare earth separation and metallisation capacity through the new Freedom Facility. Read more.
CoCircular raises €1.9 million to expand its circular waste platform. The funding will accelerate development of its AI-powered SaaS platform, supporting expansion into the industrial and retail sectors while enhancing digital waste traceability and automation. Read more.
Ponda secures £2.35 million grant to build UK wetland biomaterials supply chain. The DEFRA-backed initiative will scale wetland farming and peatland restoration while creating a domestic supply chain for sustainable biomaterials. Read more.
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Have a great weekend and we’ll see you again on Monday.
Cheers to circularity,
#TeamCircularConnect #ConnectingTheCircularEconomy