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 their new recycling facility.
Editor’s Note: January 26, 2024 — At 4:28, a graphic in this video incorrectly identifies “Jason Gaber“ as “Jacob.“
- $85,000 Per Day
01:24 - Urban Mining
01:56 - Finding Gold In Electronics
02:45 - Massive Recycling Problems
03:09 - Shark Scrapper
04:05 - Making Money From Scrap
04:45 - Dangers in India’s E-Waste
06:25 - Mint Innovation — Australia
07:35 - Mint’s Methods
08:40 - Recovering Copper And Tin
09:02 - Extracting The Gold
10:08 - Why It’s Safer
10:38 - Wade’s Vintage Electronics
11:35 - Most Valuable E-Waste
12:14 - The Export Problem
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