Is e waste recycling a profitable business?

E waste recycling business is becoming a popular business around the world, and there are more and more people intend to engage in e waste recycling business. Of course, some people are taking a wait-and-see attitude because they are not sure whether it will be profitable. Well, is e waste recycling a profitable business? Please read on, and you'll find the answer.

E waste

Firstly, the raw material of e waste recycling business, E waste, are abundant and easy to get with relatively low cost. Intelligent electrical appliances are completely filled with our life, whose has short service life, such as TVs, computers, phones having lives of 5 years or less. The scrapping of smart appliances directly leads to directly leads to the generation of e waste. There are hundreds of millions of tons of e waste in the world every day, so we can collect them with a pretty lower price easily.

Metal of e waste

Secondly, the raw materials for e waste recycling business generally have high recycling value. Take the waste circuit boards for example, waste circuit boards are consisted of precious metals and resin fiber, which has a relatively high economic value. 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.

Experts estimate that recycling 1 million cell phone boards can recover about 24 kg of gold, 250 kg of silver, 9 kg of palladium, and more than 9,000 kg of copper, which can be sold for money. [ Tips article maybe you are interested: Recycle printed circuit boards for cash ]

Final product's application

Lastly, the final product of e waste recycling business has wide application and pretty price. For example, the copper separated from waste cable wires can be electrolysis, or made into copper ingot; the plastic can be made into mouse, blister sheet, tray, etc. The aluminum powder can be turn into firework, bubble brick, etc. All of them can be can be used in industry, electronics and other fields, also can be sold directly on the market at a good price.

E waste PCB recycling plant

In a word, e waste recycling business is a small investment, but high profitable business. In order to get higher profit, it's necessary to choose a suitable e waste recycling plant, which can help you get precious metal with higher efficiency and higher purity. Henan Doing is an e-waste recycling plant manufacturer, welcome to contact us.