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Precious Metal Recycling
from:Recycling has become a household world in most homes. With the constant emphasis on cleaning up the environment and conserving energy, we are recycling everything that's recyclable. While the things that are most thought of when referring to recycling are paper, plastic, steel and other metals, precious metal recycling is also being done regularly. Although it hasn't always been as common to recycle precious metal, recycling is being done on these as well due to the increase of recycling prices.
Precious metals are rare metals whose chemical elements equal a high value economically. What makes these metals precious, besides their chemical compounds, is the fact that they're rare. They are softer, have a higher luster, higher melting point and have a higher ductility than other metals. Some of the most common precious metals include silver, gold, platinum and palladium. Although, at one time, their importance was for their use as currency, today they are considered great investments for jewelry and industrial commodities. Although the investment opportunities are high with a precious metal, recycling is often an option because it's the most economical and energy efficient choice.
Gold and silver are the most known of precious metals. In addition to their industrial uses and investment possibilities, they are widely used for jewelry, art and coins. Platinum is also a family of many precious metals including osmium, rhodium, ruthenium and iridium. Although not part of the platinum group, rhenium is also a precious metal. Recycling of many of these metals is taking place more and more because of the rising prices given for them. Individuals possessing old jewelry such as class rings as well as household items are choosing precious metal recycling as a way of either getting cash for the metals or having them redone into a new item.
With the price of gold at almost $1,000 per ounce as of January 2008, it's little wonder that industries and individuals would choose precious metal recycling as an option. Although silver is valued at much less than any other precious metal, recycling of silver is done frequently. What comes as a surprise to many is that jewelry and coins are not the only items that contain precious metals. There are many items that are used on a daily basis in our lives that contain precious metals. Some of these things may include catalytic converters from your car, printed circuit boards, motherboards, network and sound cards and many products that contain gold or silver-plated trim work.
Many companies now offer top dollar for the recycling of precious metals. They offer cash as well as the option to get the precious metal items made into something new.
Metal Recycling News
Scrappin' for a tidy profit - Rochester Democrat and Chronicle
Scrappin' for a tidy profit Rochester Democrat and Chronicle He is one of a growing number of self-employed metal recyclers who prowl Monroe County streets and roads, scavenging curbs for discarded dryers, worn-out washing machines and cast-off car parts. And these days, junkers such as Bob Babcock are making a ... |
Western Metals Recycling Acquires Van Gundy's AMPCO - Recycling Today
Western Metals Recycling Acquires Van Gundy's AMPCO Recycling Today Western Metals Recycling, wholly owned by The David J. Joseph Company (DJJ), a Cincinnati-based subsidiary of Nucor Corp., has purchased the assets and business of Van Gundy's AMPCO. Van Gundy's operates a full service ferrous and nonferrous recycling ... Who's News in the Grand Valley business community: Feb. 3, 2012 |
Pasco plans crackdown on metal thefts - MyFox Tampa Bay
 MyFox Tampa Bay | Pasco plans crackdown on metal thefts MyFox Tampa Bay HUDSON - Pasco County Commissioners will vote next week whether to impose much tougher rules for people trying to recycle metal. Authorities say it's because a large volume of metal being recycled is stolen, and too many citizens are paying a steep ... |
Metal shredder ignites at Tucson scrapyard - Arizona Daily Star
Metal shredder ignites at Tucson scrapyard Arizona Daily Star The fire at a scrapyard near Davis Monthan Air Force Base was caused by a small piece of metal that ignited in a metal shredder, officials said. The fire started this morning at a recycling facility in the 6500 block of East Drexel Road near South ... Fire at recycling facility causes plumes of black smoke |
Bill in works to crack down on copper theft - Anniston Star
Bill in works to crack down on copper theft Anniston Star by Laura Camper Kenneth Martin, owner of Guntersville Metal Recycling, said proposed changes to Alabama's law governing the purchase of scrap metal are overly restrictive and could put small recyclers out of business. But for legislators trying to curb ... |
Corpus Christi residents' 24 million pounds of recycled plastics, paper and ... - Corpus Christi Caller Times
Corpus Christi residents' 24 million pounds of recycled plastics, paper and ... Corpus Christi Caller Times By Jessica Savage CORPUS CHRISTI — City residents recycled about half the weight of the USS Lexington or 24.5 million pounds in aluminum cans, plastics bottles, cardboard boxes and other recyclable materials during the past year. |
City not enforcing existing scrap laws - Cincinnati.com
City not enforcing existing scrap laws Cincinnati.com The Enquirer/ Gary Landers / Gary Landers/Cincinnati Enquirer • Scrap vendors – anyone selling scrap metal to a scrap yard, no matter if it's a one time visit to recycle a broken washing machine or a regular activity for extra income – must provide a ... |
Toyota Tsusho to Build Auto Recycling Plant in China - Recycling Today
Toyota Tsusho to Build Auto Recycling Plant in China Recycling Today The Japanese firm Toyota Tsusho has announced the creation of a joint venture with the Japanese firm Showa Metals, as well as Chinese companies, to establish an automotive dismantling and recycling company in Chengdu China. According to local press ... |