One And One Green Technologies (YDDL)

Episode 2 of the $YDDL Investor Series is live. Japan and Spain: Building a Premium Global Supply Network COO Tony Yan breaks down our $17M Japanese purchase order, first European supply agreement, and what the international feedstock network looks like from the inside.

Malaysia has enacted a total ban on e-waste imports. The Philippines, Indonesia, and Thailand have tightened restrictions over the past 18 months. Domestic processing capacity is increasingly where the value and the policy focus are shifting across the region.

A single hyperscale data center can require up to 50,000 tons of copper. Wiring, busbars, cooling systems. Hundreds of these facilities are in the global pipeline right now. JPMorgan estimates 475,000 metric tons of #copper demand from data centers in 2026 alone.

Primary copper ore grades have fallen roughly 25% over two decades. More energy, more water, and more capital per ton extracted. Secondary recovery from e-waste and industrial scrap is closing the cost gap with primary mining faster than most industry forecasts had projected.

@GaryBohm5 The Middle East rebuild adds a demand layer most models didn’t price in. Worth noting secondary copper production is projected to grow 6% in 2026 per ICSG as recyclers are already absorbing part of the gap that mines can’t fill for another decade.

THE INCOMING COPPER SQUEEZE: The Middle East Reconstruction Shock + the Historic Demand Stack + the Declining Supply = the Perfect Storm & These 3 Miners to Focus On! open.substack.com/pub/metalsandm…

You can join today’s presentation from the 12th Annual @InvestGabelli Environmental Services Symposium in New York at 1:00 PM ET LIVE on @Quartr_App. We’ll be covering our operations as the only government-licensed secondary copper producer from e-waste in the Philippines. 🇵🇭

Presenting today at the 12th Annual Gabelli Environmental Services Symposium in New York. 1:00 PM ET. Covering our operations as the only government-licensed secondary copper producer from e-waste in the Philippines. In-person and virtual attendance available. $YDDL

Recycling copper takes 85% less energy than mining it from primary ore. It can be recycled infinitely with no performance loss and there are 700 million tons already in circulation globally, waiting to be recovered. The urban mine is the supply chain that already exists.

JPMorgan projects copper averaging $12,075/mt in 2026. Q2 target is $12,500. Physical shortage plus accelerating demand from electrification and AI infrastructure, with inventories on both LME and COMEX remaining thin heading into the second half.

@FurkanGozukara 90% recovery from dead batteries is the urban mining thesis proven out. The countries and companies that figure out how to close the loop on critical minerals domestically are the ones that stop being held hostage by primary supply chains.

Massive geopolitical shift. NHK World confirms Japan has perfected a revolutionary process to extract high purity lithium from dead batteries with a staggering 90 percent recovery rate. This brilliant technological leap guarantees Japan's absolute economic security.

@jenstilmanydots SHFE draining while COMEX builds seems to show that the metal is not disappearing, just moving. Tariff arbitrage is pulling copper west and tightening Asian exchange stocks in the process.

Shanghai Future Exchange: Copper Inventories March 19- April 3

Webcast registration -> gabelli.com/event/12th-ann…

Tomorrow at 1:00 PM ET, $YDDL management presents at the 12th Annual @InvestGabelli Waste and Environmental Services Symposium in Midtown Manhattan, New York City. Webcast available for anyone who wants to hear the story from management directly.

@WallStreetMav The hardware piece goes deeper than it looks too. While batteries, transformers and circuit breakers are less than 10% of build cost, nothing can get finished without them. All are also copper-intensive and all facing supply chain pressure. The bottleneck has a bottleneck.

The data centers powering your favorite AI chatbot are running low on helium, cash, and neighbors who don’t hate them. According to reports, only about 1/3 of the announced data centers are actually under construction. 2/3 are in some pre-planning state. Due to lack of electric capacity, lack of cash or financing, lack of hardware or any number of issues, many are expected to be cancelled.

62 million tonnes of e-waste generated globally in 2022. Projected to reach 82 million by 2030. Only 22% formally recycled. The copper, gold, and rare earths in the remaining 78% represent a growing secondary resource that the market is only beginning to value properly.

@TaviCosta 4% against peaks of 15% is striking on its own. What makes it more striking is that the prior peaks coincided with far less complex demand. None of those cycles had to simultaneously wire AI infrastructure, electrify transport, and rebuild grid capacity.

Very intriguing chart. The copper market sits at roughly 4% of global debt — still multiples below prior peaks. A simple way to frame just how undervalued the metal is relative to today’s macro imbalances. Now layer in the structural demand tailwinds. Game on. tavicosta.substack.com/p/copper-game-…

@Fxhedgers Transformers, circuit breakers, batteries at 10% of the cost but impossible to build without are also copper-intensive where there’s currently a copper supply chain problem. Many factors at play here, but the materials problem sits underneath most of them.

ALMOST HALF OF US DATA CENTERS THAT WERE SUPPOSED TO OPEN THIS YEAR SLATED TO BE CANCELED OR DELAYED The data centers powering your favorite AI chatbot are running low on helium, cash, and neighbors who don’t hate them, and that’s not even the worst of it. According to reporting by Bloomberg, about half of the data centers slated to open in the US in 2026 will either face delays or outright cancellations. Full article: futurism.com/science-energy…

@CopperBullish A 2-week window on geopolitics moves price 3% in an afternoon but the structural supply side takes 15 to 20 years to move. Short-term catalyst with a long-term supply problem.

#Copper - $5.75 on 2 week Iran deal

President Trump just strengthened Section 232 copper tariffs, effective April 6. The 50% rate now applies to the full customs value of imported copper, not just the metal content. The incentive to stockpile US-bound copper has continued to grow since February's record COMEX build. bloomberg.com/news/articles/…

Chile copper output at a nine-year low. Codelco's El Teniente still constrained after last year's tunnel collapse. Grasberg force majeure ongoing. Three of the world's largest operations underperforming simultaneously while new projects remain years from first production.