It is said that more than a hundred million years ago, during the formation of the Earth, iron sank deep into the planet’s center to form the Earth’s core. This core, primarily made of iron, carried most of the Earth’s high value alloys, such as gold, silver, platinum, zirconium, palladium and more. There are predicted to be enough precious metals in the planet’s core to cover the entire Earth’s surface in a 13-foot deep layer. It’s a lot of metal! Unfortunately, there is a limited amount of precious and precious metals on Earth today, making it critical to recycle them every chance we get.
Keep reading to review some frequently asked questions about precious metal recycling, and maybe be motivated to jump on board with this important environmental initiative!
What are precious metals?
Precious metals are rare, naturally occurring, and of high economic value. They are mostly used for currency, jewelry and industrial applications. Common types include gold, silver, platinum, palladium, titanium, chromium, zirconium, tungsten, cobalt, rhodium, indium, rhenium, osmium, iridium and ruthenium.
Can all precious metals be recycled?
Yes; all metal can be recycled, including precious, precious, ferrous and non-ferrous alloys. Not only can you recycle these metals to be recycled, you can also make money off the whole process. Many buyers of scrap metal pay cash on site for all metals and alloys. They even accept junk containing metal, regardless of age or condition.
What are the current metal prices for ordinary precious metals?
Right now, the London Fix values report that gold is around $ 1,328.30, silver is around $ 16.66, Platinum is around $ 927.00, Palladium is around $ 962.00, and Rhodium is around $ 1,900. These values change almost every day as they are easily influenced by several worldwide factors.
What can I find titanium to recycle?
Titanium is found in all sorts of places, even right around your house. Items such as dental implants, jewelry, glasses, watches and electronic protective cases are common items with titanium. Other common items include drill bits, wrenches, bolts and other tools. It is also a common element in motorcycle parts, such as brake components, exhausts, clutch handles and even handlebars.
Is a precious metal also a precious metal?
Precious metals include both precious and non-ferrous metals. Non-ferrous metals do not contain iron, so they are resistant to several elements and subsequent damage, including moisture, chemicals, oxidation and more. Precious metals occur naturally and maintain a higher economic value. Precious metals are metals that are resistant to corrosion and oxidation under humid conditions, namely moisture.
Where can I reuse high value alloys?
Finding a company or service that buys, reuses, refines and sells high value alloys is simple. Simply look for your local libraries for a reliable and reputable metal recycling center in your city. It is important to find the company that can offer you the best and fairest return for your gold, silver, platinum or other scrap you want to recycle.