How Scrappers Cash In On Gold From Your Old Computer | World Wide Waste | Business Insider

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How Scrappers Cash In On Gold From Your Old Computer | World Wide Waste | Business Insider


One ton of circuit boards contains about 100 times more gold than a ton of ore mined from the ground. Now, scrappers like Wade Cawley in Sydney, Australia, are cashing in. He’s partnered with Mint Innovation, a company that uses microbes to recover precious metals from electronics. In a single day, Mint can salvage up to $85,000 of gold in…

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27 Comments

  1. "Oh I want to keep things out of landfills"
    Proceeds to explain that the recipe is secret
    You serious…?
    You're literally in it for the money, you do not give a SINGLE damn about landfills. Otherwise you would share this recipe and let others help out.

  2. We totally care about the environment and want to help it but our much greener method to break down the material is super secret and we're not sharing. Yeah…the desire to be "green" stops at the buck.

    Still a really interesting video.

  3. India needs that waste though. It may be toxic for the people but India has extreme poverty and there are thousands of people depending on the shipments of E waste. If we stop sending it there a lot of people will literally starve.

  4. I've always thought about this business but I could never figure out if it would actually be viable, sometimes I forget we have this powerful tool called the internet. Didn't even search for this lol I'm high. thanks

  5. There are some lies in this documentary. One of the recycling facilities claim he has a closed loop system. First of all, it is easy to separate all the plastic from the motherboards and other circuit boards before they should end up in a liquid blend. These boards are predominantly made of the purest form of silicon crystals, aka quartz, aka sand. About 97% of the boards is converted back into glass which is the waste product, and you can't keep this material in a closed loop system in the blend. They also lie about the content of gold in todays electronics. I'm not going to tell you which electronic components, but today, these components still have a high yield of gold. Anyway, good to know that about 90% of e-waste is still available for recycling and otherwise just end up on the landfill. I suppose, anyone who is smart enough to recycle gold from this, knows there are better ways to make money fast, that's why it doesn't get processed. However, interesting documentary and nice to see alternative recycling processes, although they are obsolete in my mind.