Is E Waste recycling a profitable business?
Industry news / Chat on line / Give me a price / 2021-09-15
E waste recycling business is a small investment high profitable business. The reason why E waste recycling is a profitable business as below: For one thing, the precious metals in E waste recycling such as waste circuit boards are not only many types but also high in content. For another thing, recyclable waste circuit boards are easy to collect.
Firstly, E waste circuit boards is a mixture of resin fiber and precious metals, which has a relatively high economic value. According to the statistics, the metal content is as high as 40% in waste circuit boards, the largest of these is copper, in addition to gold, tin, nickel, lead, silicon and other precious metals, many of which are rare metals.[Tiis article maybe you are interested: Recycle printed circuit boards for cash].
Metals in waste circuit boards
Experts estimate that recycling 1 million cell phones can recover about 24 kg of gold, 250 kg of silver, 9 kg of palladium, and more than 9,000 kg of copper. These precious metals can be can be used in industry, electronics and other fields, also can be sold directly on the market at a good price.
Secondly, the raw material, E waste circuit boards, are abundant and easy to get with relatively low cost. As we all know that intelligent electrical appliances are completely filled with our life, there's a lot of obsolete electronics out there with TVs, computers, phones having lives of 5 years or less,so the intelligent electrical appliances directly leads to the generation of E waste. There are hundreds of millions of tons of E waste in the world every day. Such as all kinds of waste circuit boards, computer boards, TV boards, and all kinds of waste electrical motherboards and processing waste. These E waste circuit boards can be seen everywhere in our daily life and can be collected easily.
PCB recycling machine
But beyond that easy to start is also one reason why E waste recycling is a profitable business. The PCB recycling machine is designed with automatic system, so easy to operate, generally one or two person is ok. This way saves labor cost a lot. What's more, DOING PCB recycling machine has small land occupy size to low land cost for high E waste recycling business profit.
In conclusion, E waste recycling is a profitable business has a large market in the world. If you are interested in E waste recycling business, please feel free to contact us.