2016: Refurbishment and Sale of Asus Notebooks

Project: Refurbishment and sale of 5,000 outdated Asus notebooks in Australia.

Challenge: The notebooks were outdated models that had been rejected by the market.

Solution: Hungsway Pty Ltd refurbished the units, bringing them up to a standard suitable for resale.

Outcome: The refurbished notebooks were successfully sold, with satisfied numbers among insurance company and supplier. The project was completed with a high level of customer satisfaction.

2019: Salvage Sale for Alita Mineral Limited

Project: Sale of 26,000 tons of Lithium spodumene for Alita Mineral Limited.

Challenge: Alita Mineral Limited was subject to a deed of company agreement, requiring the sale of assets under Australian court orders.

Solution: Hungsway Pty Ltd worked closely with the administrator and negotiated agreements with 20 creditors, including SMS Mining Group.

Outcome: The successful sale of 26,000 tons of Lithium spodumene with the best market price value, Hungsway help and assist the logistics and transport . The project was concluded in July 2020.

2022/23: Salvage value of 200 tons water damaged catalyst.

Project : Hungsway Pty Ltd was tasked with maximizing the salvage value of 200 tons of brand-new catalyst that had suffered water damage in Taiwan.

Challenge : The project involved collaborating with multiple stakeholders, including the catalyst manufacturer, an insurance company, and the consignee. The goal was to achieve a satisfactory resolution for all parties involved, despite the challenges posed by the damage and the complexities of international logistics/Environmental laws and regulations.

Outcome: Hungsway successfully navigated the intricate dynamics between the manufacturer, the insurance company, and the consignee, leveraging its expertise to secure the highest possible salvage value for the damaged catalyst. The team’s strategic approach and effective communication led to a resolution that satisfied all parties. The case was closed in 2023, marking a successful outcome in a challenging situation. 

At Hungsway Pty Ltd, our mission is to transform potential waste into valuable resources, contributing to a sustainable future while maximizing returns for our clients. We strive to be the trusted partner in asset salvage and commodity valuation, providing innovative solutions and unparalleled expertise.

For more information on how Hungsway Pty Ltd can assist your business in achieving the best salvage value for your assets, please contact us at [email protected]

Hungsway Pty Ltd caters to a diverse range of industries, including manufacturing, distribution, and recycling. Our global reach ensures that we can find the best uses and values for different items and stocks, connecting them with the right customers worldwide.

End-to-End Service: We offer a seamless process from assessment to final value recovery, adding significant value to the product cycle.

Regulatory Compliance: We ensure all processes are compliant with local regulations and protocols, guaranteeing lawful and efficient operations.

Maximized Value: By following rigorous standards, we help businesses achieve the best possible salvage value for their stocks and items.

Salvage Value Assessment: We expertly assess the salvage value of various assets, from technological equipment to raw minerals and chemicals.

Insolvency Asset Management: Providing efficient solutions for managing and repurposing insolvency assets.

Commodity Valuation: Delivering accurate valuations for a diverse range of commodities to ensure maximum return.

Our professional team consists of specialists in various fields, from earth resources to manufactured goods and distribution channels. We handle every stage from initial resource extraction to manufacturing, distribution, end-user consumption, and recycling. Our goal is to reintegrate valuable resources back into the lifecycle efficiently and sustainably.