Tuesday, April 29, 2008

Making money out of E-Waste

It is common to read about the amount of electronic wastes that are plaguing this world. Old computers, motherboards, outdated cellphones, music systems, compact discs etc are all categorised under e-waste and someone is yet to come up with a effective way to dispose of them. But now suddenly E-wastes seem to have become pricey commodities. According to a news report I read online in the Times of India there are experts who mine e-wastes for precious metals including gold, copper, silver among others.

Apparently this form of "Urban mining" is very popular in Japan. Astounding is the statistics that a tone of gold ore gives only 5 gms of pure gold but a ton of mobile phones would return nearly 150 gms of gold. Urban mining is indeed far more lucrative than real gold mining.

So next time you think of discarding your old mobile phone, think again. You may be throwing a cache of precious metals into garbage. I am pretty sure this industry will start thriving in other countries very soon and it should if we are to have any success in combating E-wastes that are plaguing our earth.

2 comments:

Anonymous said...

One of the solutions I’ve found that help tackle e-waste and keep existing, outdated PCs going is to go with a company called Userful. They’re huge on green computing and can use a single existing PC to power up to ten workstations at once. This is a huge way to help combat e-waste and bring outdated PCs back to life. You can find out more on this here – http://www.userful.com.

Mike Rens said...

I saw the 60 mn ewaste segment, made me thinkabout where some of this is going, a business partner and I opened a ewaste collection sight in Brainerd MN, and we only send our recycling to end of life facilities that are enviromentally safe. If they can't prove where it goes, we don't deal with them. also teaming up with nonprofits to raise money for them e-waste collection day, we are filling food shelves. Mike (Hughes Technologies)brainerdispatch.com