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Why Junk Electronics Should Be Big Business

An anonymous reader writes "We've heard before about the problem of e-waste — computers and other high-tech gadgets that are tossed into landfills or shipped off to third-world countries when they reach end-of-life. But this article makes the case that there's a huge business opportunity here, with billions of dollars going to waste in the form of metals that could be reclaimed from these old and broken devices. 'At current rates of production, $16 billion (or 320 tons) in gold and $5 billion (7500 tons) in silver are put into media tablets, smartphones, computers, and other devices annually. With growth in demand for smartphones and media tablets showing little sign of diminishing in the next few years, the flow of gold and silver from deposit to waste facilities is only likely to accelerate. ... StEP claims that, in developing nations, 50 percent of the gold in e-waste is lost due to "crude dismantling processes" and only 25 percent of the remainder is recoverable due to the rudimentary technology to hand. In contrast, 25 percent of gold is lost to electronics dismantling in developed nations, and modern facilities are able to recover 95 percent of the rest.'"

12 of 155 comments (clear)

  1. Re:Yeah the money may be good by jaymemaurice · · Score: 4, Interesting

    I'd also be curious as to know what is meant by "lost" and how they plan to deal with the tons of arsenic, beryllium and other crap in our e-waste

    --
    120 characters ought to be enough for anyone
  2. Yeehaw! by jpate · · Score: 5, Funny

    There's gold in them thar fills!

  3. Stupid article by 1u3hr · · Score: 5, Insightful
    Yeah, there are millions of tons of gold dissolved in the Pacific Ocean. "going to waste" too.

    Not a single figure in TFA to say how much it would cost to recover a few grams of gold from each device. Or what toxic sludge would be left and how much it would cost to deal with that.

    People dealing with e-waste KNOW THERE IS GOLD IN IT. They're not idiots. If they could recover it and make a profit, they'd be doing it. They don't need some twat to tell them "Hey, you're throwing away gold!".

  4. Re:Prices by captainpanic · · Score: 4, Interesting

    Noble metal refineries can out multiple components from ores and make a profit. Materials are enriched in our gadgets when compared to ore. I'm sure there is actually money to be made here.

  5. Geeks don't throw away junk ... they hoard it. by PolygamousRanchKid+ · · Score: 5, Funny

    C'mon, y'all 'fess up! Your e-waste never becomes e-waste, because it is stuffed into drawers, closets, basements, or the rusty Chevy up on cinder blocks on the front lawn, like me. It could be a magnetic storage disk with the diameter of a Flying Saucer, and I still won't throw it away. That 'ole PCMCIA IBM Token Ring card? I'll be glad someday that I have that bastard!

    Hans Reiser proved his own guilt when he claimed that he threw away his car seat.

    Geeks don't toss out nuthin'!

    --
    Schroedinger's Brexit: The UK is both in and out of the EU at the same time!
  6. Many are going to Nigeria by daem0n1x · · Score: 4, Interesting

    I saw a very nice documentary the other day showing what happens to a lot of our electronic waste. A fair share of it is shipped to Nigeria! There, people repair all the devices they can and sell it in a huge street market, the largest electronic market in the world. This means that a huge lot of electronic devices get to be used again instead of polluting the environment, and all the Nigerians have cheap cell phones, laptops, TVs and DVD players. Stuff that we consider outdated, they use with pride. One man's trash is another man's treasure.

    We in the West are too pampered for our own good. I have a huge 16:9 CRT TV that works perfectly. I don't know anyone that still uses CRTs. I won't waste my money on an LCD TV before my current set breaks down. But most of people I know ditched perfectly good TV sets to replace them with LCDs. The same with cell phones, laptops, and even fridges, washing machines, or even cars!

    Even when the devices don't get a second life, I can't believe it's cheaper to dig millions of tons of rock to extract metals and other shit than it is to recycle our trash. I don't know about the USA, but here in Europe we recycle most of our waste. Be it paper, plastic, metals, fluorescent bulbs, all kinds of oils and fats, electronic devices, everything gets recycled.

    1. Re:Many are going to Nigeria by BlueStrat · · Score: 4, Interesting

      I can't believe it's cheaper to dig millions of tons of rock to extract metals and other shit than it is to recycle our trash.

      The problem in the US is that complying with the myriad environmental regulations, which were passed to protect the environment, makes the cost of dealing with all the toxic compounds that are produced and/or freed during the process of a high-yield-percentage recycling program, especially for electronics, exceed what they can recover.

      Unintended consequences are a bitch.

      Strat

      --
      Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
    2. Re:Many are going to Nigeria by Anonymous Coward · · Score: 5, Insightful

      Yes, because allowing recycling businesses to create a toxic sludge and bury it in your neighborhood will carry no long-term costs. Regulations are in place to try and force businesses to own their costs instead of passing them on to the general population in the form of poluted air, water and in the longer term increased health care costs.

      Perhaps if businesses were held accountable for the the full lifetime of their products, they would innovate more environmentally friendly products, or at least products that could be dismantled and recycled easier.

    3. Re:Many are going to Nigeria by TummyX · · Score: 4, Insightful

      Do you realise how much power that 16:9 CRT draws compared to an LED TV?

  7. Re:Yeah the money may be good by kevmitch · · Score: 5, Interesting

    Non rhetorical question: How much worse is mining and processing the equivalent ore?

  8. Re:Better than gold ore by mangu · · Score: 4, Insightful

    E-waste yields 100g/1000kg of material compared to 8g/1000kg of ore.

    Only for some definitions of "E-waste".

    That amount you mentioned is after you remove the circuit boards from its enclosure. The bitch is taking apart the enclosure.

    Each piece of equipment is closed with a different kind of fastener, some, like Apple, are glued together. It takes a lot of labor to pry apart the circuit board from the plastic and metal structures around it. That's why recycling is outsourced to third world countries.

    If the government really wanted to increase recycling, the first thing they should regulate would be how enclosures are put together. Make philips type screws mandatory everywhere, no glue, torx screws, or any other fastener that requires special tools.

  9. I actually do this by Hunter+Shoptaw · · Score: 4, Informative

    I work for a company that takes care of e-waste. The problem we face is that many times we are outbid by companies that then ship the waste off shore or simply stripped and tossed. The company I work for actually has teams in our warehouse that comb through every piece and find pieces that are available for resale. Those pieces that aren't are them dismantled, categorized and shipped to certified recyclers so that each and every piece that can possibly be recycled is. We even recycle most of our shipping materials. There are costs associated with recycling your systems, sure, but it's better than paying the EPA fines if your caught even once. Also, some recyclers, including the one I work for, will actually pay you for your electronics in some cases, depending on type and condition. Many times there are lots of things that we could be doing differently as a society to increase our ecologic awareness and minimize our e-waste impact. We simply don't because it's not the most convenient option. As I'm not trying to plug my company, I'll leave out the name. If your interested ask for it in the comments.