One and One Green Technologies. INC Taps into Metro Manila’s Billion-Dollar E-Waste Stream, Securing Key Local Supply for Metals Recycling
Rhea-AI Summary
One and One Green Technologies (NASDAQ: YDDL) will enter the Greater Manila e-waste recovery market using its 1,000,000-ton-per-year hazardous waste permit to source electronic sludge, copper mud and nickel mud from local manufacturers. The company says this secures domestic feedstock, complements imports, and leverages updated processing technology to extract copper, nickel and other metals. The Philippines' e-waste market is cited to grow from $9.7B in 2025 to $22.4B by 2031, while 2022 e-waste generation was estimated at 537,000 metric tons, with studies suggesting up to 80% handled informally.
Positive
- 1,000,000-ton annual hazardous waste permit secured
- Targets extraction of copper and nickel from local feedstock
- Aims to capture share of a $9.7B→$22.4B market (2025–2031)
- Establishes a domestic feedstock supply chain, reducing import reliance
Negative
- Up to 80% of Philippines e-waste managed informally, complicating formal sourcing
- No revenue, contract values, or commercial supply agreements disclosed
News Market Reaction – YDDL
On the day this news was published, YDDL gained 2.75%, reflecting a moderate positive market reaction. Argus tracked a peak move of +37.4% during that session. Argus tracked a trough of -17.9% from its starting point during tracking. Our momentum scanner triggered 20 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $13M to the company's valuation, bringing the market cap to $481M at that time. Trading volume was exceptionally heavy at 9.6x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
No Waste Management peers were flagged in the momentum scanner; YDDL’s modest 1.52% gain appears driven by company-specific news.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 05 | Technology upgrade | Positive | -1.7% | Upgraded Bulacan facility to boost PCB capacity and improve environmental controls. |
| Feb 18 | European expansion | Positive | -0.3% | First European e-waste supply agreement in Spain to source high-quality feedstock. |
| Feb 04 | Japanese purchase order | Positive | +8.6% | Up to 16,000 metric tons order worth about $17M from Japanese supplier. |
| Jan 22 | H2 2025 contracts | Positive | +11.0% | Reported ~$39M in second-half 2025 contracts for recycled strategic metals. |
| Dec 18 | Monthly contract wins | Positive | -0.6% | Secured $7.7M November 2025 contracts for recycled copper and aluminum products. |
Positive commercial and capacity news has often seen mixed reactions, with several past contract wins prompting divergences while some larger orders aligned with gains.
Over the past months, One and One Green Technologies has focused on scaling feedstock and capacity. It reported $39M in recycled metal contracts for 2H 2025, followed by a $7.7M contract month in Nov 2025. In early 2026, it secured a $17M purchase order from a Japanese supplier and a European e-waste agreement in Spain, then upgraded its Bulacan facility on Mar 5, 2026. Today’s Manila e-waste move extends that strategy by locking in more local feedstock.
Market Pulse Summary
This announcement highlights One and One’s push to secure local e-waste supply in Greater Manila, leveraging its 1,000,000-ton-per-year hazardous waste permit within a market projected to grow to $22.4B by 2031. It complements prior international sourcing deals by adding domestic feedstock. Investors may watch how quickly volumes ramp, the mix of materials (copper, nickel and others), compliance with environmental standards, and how this integration influences margins versus imported scrap.
Key Terms
electronic waste technical
e-waste technical
hazardous waste regulatory
feedstock technical
vertical integration technical
AI-generated analysis. Not financial advice.
San Rafael, Bulacan, Philippines, March 17, 2026 (GLOBE NEWSWIRE) -- One and One Green Technologies. INC (“One and One” or the “Company”) (NASDAQ: YDDL), a Philippines-based recycler holding a government-issued license in the Philippines to import and process hazardous waste as raw materials, today announced its plan to strategically enter into the Greater Manila Area’s electronic waste (e-waste) resource recovery market. Leveraging its 1,000,000-ton-per-year hazardous waste treatment permit, the Company will source and process high-value industrial materials, including electronic sludge, copper mud, and nickel mud, from local electronics and plating manufacturers.
This initiative puts One and One in a strong position to capture a significant share of the Philippines' domestic e-waste market, which is expected to grow from
The Company will utilize its recently updated processing technology to quickly and easily extract copper, nickel, and other important metals from the minerals in the area. This initiative establishes a secure domestic feedstock supply chain that complements the Company's current import operations and reduces its dependence on the global scrap market.
“Securing a significant, high-quality feedstock source in our own backyard is a critical step in our vertical integration strategy,” said Ms. Tina Yan, Chairman and CEO of One and One. “Our entry into the Manila market provides a steady stream of materials for our advanced processing facilities and establishes YDDL as a leader in formalizing the Philippines’ e-waste industry.”
About One and One Green Technologies. INC
One and One Green Technologies. INC (NASDAQ: YDDL) is a licensed hazardous waste importer and a leading recycler of non-ferrous metals and industrial materials in the Philippines. One and One transforms electronic waste, scrap metal, and other raw materials into high-value products, including copper alloy ingots and aluminum scraps. With a significant permitted annual capacity and advanced processing capabilities, One and One provides economical, flexible and environmentally responsible recycling solutions to manufacturers and industrial clients across domestic and international markets. One and One is strategically positioned to meet the growing demand for sustainable resource management.
For more information, please visit our website at www.onepgti.com.
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
1 Source: Mobility Foresights, Philippines E-Waste Management Market, accessed March 2026.
2 Source: Sumaria, M. G. C., & Sumaria, R. (2025). Waste Electrical and Electronic Equipment (WEEE) management and policy frameworks in the Philippines: A mini review. Annals of Tropical Research.
3 Source: Kudhal, K., Barrinuevo, K. P., Saflor, C. S., & Bernardo, E. L. (2026). A Circular Economy Approach to Developing an Efficient E-Waste Recycling Framework for Informal Recyclers in Urban Philippines. Sustainability.
FAQ
What permit allows One and One (YDDL) to process Manila e-waste?
How much e-waste did the Philippines generate and how will YDDL use it?
What market opportunity does YDDL cite for Manila e-waste (YDDL) through 2031?
Which metals will One and One (YDDL) target from electronic waste?
How does YDDL say this Manila initiative affects its supply chain?
What challenges in the Philippines e-waste stream did One and One (YDDL) note?