Feb. 10 at 4:07 AM
$YDDL On February 4th we announced the receipt of a purchase order from Japan China Trading Co., Ltd., an industrial materials supplier based in Osaka, Japan to provides for the supply of up to 16,000 metric tons of shredded electronic assemblies and scrap metal, with a total order value of approximately
$17 million.
Shipments are expected to commence upon completion of the supplier’s export licensing requirements and be delivered over a period of upto one year. The Materials will be processed at the Company’s San Rafael facility using advanced automated technologies to recover copper, aluminum, gold, silver and other valuable metals.
The purchase order marks One and One's successful entry into the Japanese market, which is one of the world's most sophisticated sources of high-quality electronic waste materials because its stringent quality standards and advanced electronics manufacturing base produce premium-grade recyclable materials with superior metal content and purity.