Friday, October 22, 2021


Britain’s Royal Mint to extract gold from discarded electronics

LONDON, Oct 20 (Reuters) – Britain’s Royal Mint mentioned on Wednesday it deliberate to construct a plant in Wales that…

By Staff , in Gold , at October 22, 2021


LONDON, Oct 20 (Reuters) – Britain’s Royal Mint mentioned on Wednesday it deliberate to construct a plant in Wales that might reclaim a whole bunch of kilograms of gold and different treasured metals from digital waste comparable to cell phones and laptops.

Gold and silver are extremely conductive and small portions are embedded in circuit boards and different {hardware}, together with different treasured metals.

Most of this materials isn’t recovered, with discarded electronics usually dumped in landfill or incinerated.

The greater than 1,100-year previous mint mentioned it had partnered with a Canadian start-up referred to as Excir which has developed chemical options to extract the metals from the circuit boards.

“It is capable of selectively pull out treasured metals with a excessive diploma of purity,” mentioned Sean Millard, the mint’s chief development officer.

He mentioned the mint was at the moment utilizing the method at small scale whereas designing a plant that “would look to course of a whole bunch of tonnes of e-waste each year, producing a whole bunch of kilograms of treasured metals”.

The plant needs to be up and working “inside the subsequent couple of years”, he mentioned, declining to say how a lot it could value.

A kilogram of gold is price round $55,000 at present costs.

Reporting by Peter Hobson; Enhancing by Jan Harvey

Our Requirements: The Thomson Reuters Belief Ideas.



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