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About Precious Metal Recycling

There are growing number of people who find out that their house electronics are multi-functional that is beyond its marketed capacity. Some even cash in on the fact that great number of familiar gadgets are actually several dollars worth of precious metals like silver, gold, platinum and even cadmium.

The question to be answered is, how much precious metal is present on your home devices? How much precious metal do you have gathering dust at home, and more importantly, what’s the best way to take advantage of the possible gold mine at your fingertips?

Average home electronics actually have milligram of precious metals whether you believe it or not. The real cash-in value on the other hand comes when little amounts are multiplied on thousands of units. It just happens that we being consumers literally have thousands of unit at our disposal. In different parts of the world, the volume of home electronics that are ready to be trashed and is being trashed is skyrocketing and organizations, government as well as educators are taking note of this issue. Smart phones alone that were produced at extremely fast pace back in 2007 to the point that there are 1.2 billion devices were globally produced.
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The key point that should be taken into mind here is that, with the mass proliferation of these electronic devices come with enormous buildup of electronic waste as well. Aside from valuable precious metals that are found in these electronic devices, they have large number of hazardous materials too that can seep into the environment and cause damage that could then cost significant sum of money to reverse. To put it simply, the key factor to be remembered in maximizing the potential of e-waste is proper extraction and recycling of these materials.
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The process in which precious metals in electronics are retrieved is done via process related to recycling called as extraction. In most instances, extraction are involving the use of organic solvents or chemicals in an effort to separate metal from less desirable parts. In regards to this process, it is dangerous and is demanding lots of safety measures particularly when chemicals similar to cyanides are present.

So what type of value you can possibly get from precious metal recycling of electronic devices in your house? According to UN report, the average phone handset approximately has 24mg of gold for the circuitry and wiring of motherboards, mobile handsets, tablets and varieties of the home electronic fields. Another known precious metal that’s found in home electronics is silver. For this, it is being used for printed circuit boards, RFID tags, membrane switches, DVDs and even plasma display panels.