Email of the day on recycled gold
Comment of the Day

October 21 2021

Commentary by Eoin Treacy

Email of the day on recycled gold

How will the recycling of gold, silver and other raw materials from mobile phones affect the markets for these metals. [Times article]

Eoin Treacy's view

Thank you for this question which may be of interest to other subscribers. The World Gold Council estimated that about 10% of recycled gold comes from electronics at present. The method discussed in the above article suggests Excir is using both extreme heat and chemical deposition to extract precious metals from phones since they claim it can be done in seconds. There is no discussion of how dependent the process is on high prices.  

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