He'll be in Osceola for the groundbreaking of the country's first urban mining refinery.
E-waste recyclers, BlueOak Resources, have partnered with the Arkansas Teachers’ Retirement Fund, investors and the Arkansas Development Finance Authority to build a first of its kind urban mining refinery in the U.S.
This facility will be equipped to strip valuable metals like gold, silver, copper and palladium from e-waste, according to a press release.
Groundbreaking for the $35M facility happened Tuesday in Osceola.
Former vice president Al Gore, a investor partner, spoke at the event - along with Grant Tennille, Executive Director of the Arkansas Economic Development Commission.
Production at the Arkansas facility will begin by the end of 2015, initially processing 15 million lbs. of electronic scrap per year,according to the press release. The plant will also employ 50 positions.
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