09 Jul '12, 9am

Urban Mining: Billions in Precious Metals Discarded in Landfills

Urban Mining: Billions in Precious Metals Discarded in Landfills

There are literally billions of dollars worth of precious metals contained in the e-waste that’s being discarded and left in urban landfills. CE device manufacturers use some 320 tons of gold and more than 7,500 tons of silver every year in churning out iPads, Galaxy Tabs, notebooks, PCs, smartphones and the growing profusion of CE devices being pumped into markets worldwide. That’s enough to add more than $21 billion a year – $16 billion in gold and $5 billion in silver – “to the rich fortunes in metals eventually available through ‘urban mining’ in developed and developing countries alike,” according to a UNU-GeIS e-waste conference synopsis

Full article: http://www.triplepundit.com/2012/07/urban-mining-billions...

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