All right, understood what was going on. When recycling recipes are generated, they are set to return 25% of the result item for the recipes under the "smelting" category, rather than 25% of the ingredients (ie, return plates rather than ore).
I have been using all along another mod which modify iron/copper plate recipes so I never noticed the issue for these 2, the mod was only modifying the recycling result for holmium, tungsten and such.
Thanks for the feedback, the 1.02 should fix it.