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SungEel HiMetal Redefines Precious Metal Recycling

Newsweek US

|

June 06 - 13, 2025 (Double Issue)

SungEel HiMetal is leading the way in metal recycling to ensure a steady supply and create a greener future.

- By Daniel de Bomford and Frank Pattiasina

SungEel HiMetal Redefines Precious Metal Recycling

In the 21st century, technology-based industries are built on a foundation of metals. Among them, high-purity precious metals and rare materials are at the heart of modern technological advancements, from semiconductors and electric vehicles to green energy and aerospace technologies. However, the limited availability of these resources and the complexity of mining them have made stable supply and sustainable use critical challenges for global industries.

SungEel HiMetal is looking to close the loop and has focused on technological innovation from its inception to address these issues. Founded 25 years ago with the development of recovery tech-nologies for extracting gold and silver from electronic waste, the company has evolved into South Korea's leading player in refining and recycling precious metals from the semiconductor and petrochemical industries.

SungEel HiMetal envisions a future where technology overcomes resource limitations and drives a truly sustainable circular economy. CEO S.P. Hong says that global manufacturing is subject to raw material price fluctuations, increasing global environmental regulations and broader technological access. SungEel HiMetal offers a solution to these challenges that demands a proactive approach. “Handled correctly, these challenges can be transformed into new opportunities for growth, and I'm confident we have what it takes to make that happen,” Hong says.

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