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Modern Mining Technology starts trading on NYSE American, recycling metals from e-waste.

Market News
13 Nov 2026, 21:00 WIB
U.S. Metal News
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Bullish
Modern Mining Technology starts trading on NYSE American, recycling metals from e-waste.

Modern Mining Technology Corp. began trading on the NYSE American after raising nearly $40 million in an IPO. The company recovers valuable metals like gold, silver, and copper from electronic waste using a proprietary process, avoiding traditional mining. It operates a demonstration facility in North Carolina and plans to expand by locating pre-concentration plants near e-waste sources to reduce costs. This approach offers a faster, potentially more sustainable alternative to traditional mining, with growth plans supported by the recent capital raise.

The story of Modern Mining Technology Corp.'s new NYSE American listing comes as a backdrop to today's Basic Materials sector performance on Pluang. For readers following this sector, here is Pluang's market snapshot as of Nov 13, 2026 20:51 WIB: out of 83 priced US Basic Materials stocks, 64 rose and 17 fell. Notable movers include USAR at USD 8.25 with a 1-day change of +2.23% and a Pluang order activity skewed heavily to selling at 91%, CLF at USD 13.34 with a +2.07% change, and ALM at USD 7.78 with a +1.97% change.

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