It's a gold rush, an electronic gold rush and it comes in
the form of end-of-life electronic devices.
Confused? You may be surprised to learn that many of the
everyday items you use contain precious metals. Gold, silver and other precious
metals are critical elements to many industries, like the aforementioned electronics,
as well as automotive manufacturing.
Electronic and automotive scrap can be an especially valuable
source of metals. A variety of gold, silver and PGM materials may be suitable
for recovery and recycling when these goods reach their end of life. One ton of
mined gold ore contains approximately six grams of gold. The proportion of
precious metals used in cars and televisions around the world is higher than
that. That means that scrapped electrical and electronic goods can arguably be
called a modern gold mine.
Electronics recycling is extremely important in diverting
solid waste and supporting zero landfill initiatives. Also highly important,
electronics recycling helps eliminate toxic scrap. While it constitutes a
minority of solid waste, it represents up to 70 percent of toxic waste.
E-waste is a particularly rich source of precious metals –
with concentrations 40 to 50 times richer than naturally occurring deposits.
Since 1996, Jewelers Refining Group, Inc., has been a leader
in the precious metals refining industry. To learn more about precious metal recovery and recycling visit
us at JRGInc.com.
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