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It is said that over a hundred million years ago, during the formation of the Earth, iron sank deep into the center of the planet to form the Earth’s core. This core, mainly made of iron, contained most of the earth’s high-value alloys such as gold, silver, platinum, zirconium, palladium, and others. It is predicted that there are enough precious metals in the planet’s core to cover the entire surface of the Earth in a 13-foot-deep layer. That’s a lot of metal! Unfortunately, there are currently a limited amount of precious and valuable metals on Earth, which makes recycling at every opportunity extremely important.
Continue reading for frequently asked questions on precious metal recycling and you may be motivated to take this important environmental initiative!
What are precious metals?
Precious metals are rare, occurring naturally, and retain high economic value. They are mostly used for currency, jewelry and industrial applications. Common types are gold, silver, platinum, palladium, titanium, chromium, zirconium, tungsten, cobalt, rhodium, indium, rhenium, osmium, iridium, and ruthenium.
Can all precious metals be recycled?
Yes; all metals are recyclable, including precious, precious, ferrous and non-ferrous alloys. Not only can you recycle these metals for reuse, you can also earn money in the entire process. Many scrap buyers pay in cash on site for all metals and alloys. They even accept metal-containing garbage, regardless of age or condition.
What are the current metal prices for common precious metals?
Currently, 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 virtually every day because they are easily influenced by many factors around the world.
What can I find titanium to recycle?
Titanium can be found in many places, even near your home. Items such as dental implants, jewelry, glasses, watches, and electronic protective cases are common items made of titanium. Other popular items include drill bits, wrenches, screws, and other tools. It is also a common element in motorcycle parts such as brake components, exhausts, clutch levers and even the handlebar.
Is a precious metal also a precious metal?
Precious metals include both precious and non-ferrous metals. Non-ferrous metals do not contain iron, making them resistant to many elements and subsequent damage, including moisture, chemicals, oxidation, and more. Precious metals occur naturally and retain a higher economic value. Precious metals are metals that are resistant to corrosion and oxidation in wet conditions.
Where can I recycle high value alloys?
It’s easy to find a company or service that buys, processes, refines and sells high-value alloys. Just check your local directories to find a trusted and reputable metal recycling center in your city. It’s important to find a company that can offer the best and most honest return for gold, silver, platinum, or any other scrap you want to recycle.
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Source by Sarahbeth Kluzinski