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“350 grams of gold a tonne” It’s a Bonanza!

Posted by ipso facto @ 14:45 on July 7, 2018  

E-waste mining could be big business – and good for the planet.

Many millions of tonnes of televisions, phones and other electronic equipment are discarded each year, despite them being a rich source of metals. But now e-waste mining has the potential to become big business.

Professor Veena Sahajwalla’s mine in Australia produces gold, silver and copper – and there isn’t a pick-axe in sight.

Her “urban mine” at the University of New South Wales (UNSW) is extracting these materials not from rock, but from electronic gadgets.

The Sydney-based expert in materials science reckons her operation will become efficient enough to be making a profit within a couple of years.

“Economic modelling shows the cost of around $500,000 Australian dollars (£280,000) for a micro-factory pays off in two to three years, and can generate revenue and create jobs,” she says.

“That means there are environmental, social and economic benefits.”

In fact, research indicates that such facilities can actually be far more profitable than traditional mining.

According to a study published recently in the journal Environmental Science & Technology, a typical cathode-ray tube TV contains about 450g of copper and 227g of aluminium, as well as around 5.6g of gold.

While a gold mine can generate five or six grammes of the metal per tonne of raw material, that figure rises to as much as 350g per tonne when the source is discarded electronics.

cont. https://www.bbc.com/news/business-44642176

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.