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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 Companies Stock News
Sims Metal Management Market Update for Fiscal 2012 - MarketWatch (press release)
 TheBull.com.au | Sims Metal Management Market Update for Fiscal 2012 MarketWatch (press release) CHICAGO & SYDNEY, May 24, 2012 (BUSINESS WIRE) -- Sims Metal Management Limited (the "Company") advises that basis the continuation of global economic challenges and headwinds, and with only 10 months results known at this point, that full year ... Sims Metal face the scrap heap |
SMALL CAP MOVERS: Oil and gas lead gains in tentatively positive mood among ... - This is Money
 This is Money | SMALL CAP MOVERS: Oil and gas lead gains in tentatively positive mood among ... This is Money The latest 240p a share offer from the Thais values Cove at £1.22 billion, but with the stock now trading above the 250p mark it appears that investors think there could yet be more to come here. Elsewhere, shares in metal recycling business Zincox ... |
Steel Dynamics Inc Stock Downgraded (STLD) - TheStreet.com
Steel Dynamics Inc Stock Downgraded (STLD) TheStreet.com The company operates in three segments: Steel Operations, Metals Recycling and Ferrous Resources Operations, and Steel Fabrication Operations. The company has a P/E ratio of 10.3, below the average metals & mining industry P/E ratio of 11.1 and below ... |
Schnitzer Steel warns of pressure on its margins - MarketWatch
Schnitzer Steel warns of pressure on its margins MarketWatch By Ben Fox Schnitzer Steel Industries Inc. (NASDAQ:SCHN) said it expects weakness in its third quarter as demand for recycled metals has remained soft while supplies continue to be tight. The metal-recycling company said margins have compressed from ... Schnitzer Provides Market Outlook For Third Quarter Of Fiscal 2012 |
The One Commodity Chart Every Investor Needs to See - StreetAuthority
 StreetAuthority | The One Commodity Chart Every Investor Needs to See StreetAuthority A little more than 10 years ago, when the market was fixated on high-flying tech stocks like Oracle (Nasdaq: ORCL) and Yahoo (Nasdaq: YHOO), a few savvy commodity investors were making a fortune on a certain industrial metal. |
China Recycling Energy Corporation Reports 2012 First Quarter Financial Results - MarketWatch (press release)
China Recycling Energy Corporation Reports 2012 First Quarter Financial Results MarketWatch (press release) Mr. Guohua Ku, Chairman and Chief Executive Officer of China Recycling Energy, discussed quarterly financial results, current projects and the company's' growth potential. "We are encouraged by the pipeline of new business that we see in 2012 and well ... |
China Recycling Energy Corporation Reports 2012 First Quarter Financial Results - Daily Markets
China Recycling Energy Corporation Reports 2012 First Quarter Financial Results Daily Markets XI'AN, China, May 18, 2012 /PRNewswire-Asia/ — China Recycling Energy Corp. (NASDAQ: CREG; “CREG” or “the Company”), a leading industrial waste-to-energy solution provider in China, today announced its financial results for the 2012 first quarter ... |
Boliden: New recycling facility commissioned - MarketWatch (press release)
Boliden: New recycling facility commissioned MarketWatch (press release) Metal production rose for all metals in comparison with the corresponding period last year. The operating profit for Boliden's Business Area Mines totalled SEK 822 million (SEK 1156 m) and the operating profit for Business Area Smelters (excluding ... |