Itochu, US firm to set up Japan JV in electronics recycling

Itochu

24/03/2026 24:45

TOKYO, March 24 (Reuters) - Japanese trading house Itochu 8001.T said on Tuesday it has agreed to form a capital and business alliance with U.S. Electronic Recyclers International, which operates an electronic equipment recycling business in the United States.

The companies will establish a joint venture, ERI Japan, to recycle IT equipment, Itochu said.

Japan is ramping-up its resource-recycling efforts as rising geopolitical risks have increased the need for domestic recycling systems to recover precious metals and other materials used in electrical and electronic devices.

 (Reporting by Yuka Obayashi; Editing by Katya Golubkova and Sumana Nandy)

 ((Yuka.Obayashi@thomsonreuters.com; +813-4520-1265;))