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Sen Yue eyes earnings recovery with e-waste diversification and new smelting facility

Uma Devi
Uma Devi3/27/2020 07:00 AM GMT+08  • 7 min read
Sen Yue eyes earnings recovery with e-waste diversification and new smelting facility
This smelting facility, the first in Singapore, would allow the group to process up to a total 1,000 tonnes of discarded batteries which have been grounded to a powder per month.
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SINGAPORE (Mar 27): For three decades, Sen Yue Holdings’ core business has been in commodities trading and metal recycling.

However, with millions — if not billions — of electronic gadgets built and discarded yearly, the company now plans to establish its third business segment of focusing on recycling electronic waste or e-waste and smelting, both of which require different processes and technology.

“Commodities trading will always be our core business,” says executive chairman Koh Mia Seng in an interview with The Edge Singapore. “But I’m equally focused on all three now, especially the new businesses which we are diversifying into,” he adds.

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