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Western Digital, Microsoft Target Rare Earth Metals Through Hard Drive Recycling [CNET News]
Last western digital corporation earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: investor.wdc.com
The tech company, best known for its digital storage products, says its Advanced Recycling and Rare Earth Material Capture Program has partnered with Microsoft and two other companies to reclaim rare earth metals including neodymium, dysprosium and praseodymium. Rare earth elements have taken on new significance amid the trade battles between the US and China. In response to President Donald Trump's imposition of soaring tariffs on products imported from China , Beijing said last week that it has suspended exports of rare earth minerals to the US. Those minerals are critical to the manufacturing of many high-tech products in everything from computers to cars to military hardware. The hard drives in data center servers are often destroyed for security reasons when systems are upgraded, Jackie Jung, Western Digital's vice president of global strategy, said in a blog post on Thursday. Recovery of rare earth metals hasn't always been a priority in that process, according to Jung. "
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