One and One Green Technologies Inc. (NASDAQ: YDDL) announced it has executed a contract to purchase smelting equipment for a new production line in Metro Manila, Philippines. The equipment will support processing of electronic sludge, copper sludge, and nickel sludge from industrial hazardous waste streams.

The Philippines-based recycler targets commercial production for the second half of 2026. The production line is designed to extract copper, nickel, gold, and silver from industrial waste materials.

The smelting equipment purchase follows the company's March 18, 2026 announcement regarding its planned entry into the Metro Manila electronic waste recycling market. The company holds a government-issued license to import and process hazardous waste as raw materials.

"The execution of this smelting equipment contract is a critical operational milestone in the build-out of our Philippine platform, moving us from strategic intent to installed processing capacity," said Tina Yan, chairman and chief executive officer.

The production line will complement the company's existing hazardous waste handling qualifications, raw material procurement channels, and recently commissioned chemical testing laboratory. One and One stated the equipment will serve as the hardware backbone for its vertically integrated recycling platform.

The company processes electronic waste, scrap metal, and other materials into products including copper alloy ingots and aluminum scraps. It serves manufacturers and industrial clients in domestic and international markets.