A Growing Presence in Canada
Quantum Lifecycle Partners, an IT asset disposition company based in Canada, has announced the launch of its sixth facility which will serve the Alberta area.
The new 7,800-square-foot building, situated in Edmonton, marks Quantum’s second working site in the region. Beginning operations on February 1st, the facility enhances Quantum’s e-scrap recycling capabilities and is a valuable addition to its existing presence at the Edmonton Waste Management Facility.
Quantum operates across Canada with a network of 11 locations dedicated to ITAD and recycling services. This includes a facility in Calgary, Alberta, as well as branches in various Ontario cities such as Barrie, Brampton, Ottawa, and Toronto. The company also has a location in Montreal, Quebec, and Vancouver, British Columbia.
During a recent statement to the press, President Gary Diamond of Quantum Lifecycle Partners shared that the “new ITAD facility aims to provide a complete lifecycle management service for electronics and I.T. hardware to our existing and new customers.”
Mark Cooper, the VP of Business Development, also explained that, “With our new ITAD facility, we aim to simplify IT asset management for businesses in and around Edmonton. Alberta is an important commercial hub, home to some of the key industries in Canada, and we, at Quantum, want to ensure a seamless process for their data security and electronics reuse needs. The new Edmonton facility will reduce logistics costs and reporting times for customers from Edmonton and Northern Alberta.”
“We have brought in a number of experienced ITAD operations personnel, and we are ready to deliver exceptional value to our customers in Alberta. Organizations across Canada trust us to maximize the value from their IT assets, ensure their data is secure, and maintain the highest level of environmental compliance. We look forward to further servicing the Edmonton business community,” the VP of ITAD Operations, Babak Tabrizi, adds.
2022 saw Quantum Lifecycle Partners recycle 83.6 million pounds of e-scrap while repurposing 410,000 assets and components. Then in 2023, the company set targets to reuse 500,000 electronics assets and components and recycle 80 million pounds of commodities. This data represents a 22 percent increase in asset reuse, and a 4 percent reduction in commodity recovery compared to their 2022 accomplishments, which was outlined in the firm’s latest impact report.
“A Merger of Equals”
Established through a collaboration between Shift Recycling and Global Electric Electronic Processing (GEEP) in 2019, the organization also maintains a branch located in Costa Rica. The ownership is divided between Combined Metal Industries and the Giampaolo Group, each holding shares in the business.
During a recent discussion with E-Scrap News, Clayton Miller, the Vice President of EOL Business Development at Quantum Lifecycle, delved into the impact of intense competition in the Canadian market and evolving e-scrap trends. This environment prompted the recognition that “a merger of equals” was needed.
“Part of this merger is around the fact that it’s increasingly hard to make money on processing scrap material exclusively,” he stated. The complexity of the electronic waste stream continues to rise, marked by an increase in built-in batteries, reduced weight, and lower precious metals content. Adding to the complexity are the unpredictable shifts in commodity markets.
“You combine all those factors together, making money on the scrap side of things has never been harder,” Miller explained.
In 2022, two more Ontario-based companies were added to Quantum’s portfolio: REfficient, known for repurposing telecom equipment, and TechReset, an ITAD services provider.
