Forward Resources
Forward Resources Industries Ltd.(FRI) is raising capital to build a large-scale, sustainable and profitable copper recycling and cathodes production company in the United Arab Emirates. FRI will deploy zero-waste technologies that have been proven commercially, and make the highest quality copper products for which there is a well-established global market. FRI will not only benefit the existing industrial supply chains of local UAE companies, but also serve the needs of international customers. Recycling is a critical component of the closed loop, circular economy. Every year more than 100 million tons of metals enter the end of their life cycles as copper, aluminum and steel. The value of recycling these metals - especially non-ferrous metals - has been noticed by socially responsible investment institutions. Compared to traditional processes of raw ore mining and smelting, recycling uses 90% less energy in its production processes while conserving mineral resources and safeguarding our environment for future generations. Recycling delivers enormous economic and social benefits.
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