DOE Announces New Innovation Using Tech License Owned by Phinix, LLC

The REMADE Institute announced an initial $140 million investment for a new technology license involving a technological innovation capable of recovering precious metals from used electronics more easily and cost-effectively. Dr. Subodh Das, founder and CEO of Phinix LLC which holds the exclusive tech license, said his firm is eager to partner with electronics manufacturers that want to use the technological innovation to recover precious metals like gold, silver, and palladium from their end-of-life PCs.