How Scrappers Cash In On Gold From Your Old Computer | World Wide Waste | Business Insider

Business Insider January 25, 2024
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One ton of circuit boards contains about 100 times more gold than a ton of ore mined from the ground. Now, scrappers like Wade Cawley in Sydney, Australia, are cashing in. He’s partnered with Mint Innovation, a company that uses microbes to recover precious metals from electronics. In a single day, Mint can salvage up to $85,000 of gold in their new recycling facility. Editor’s Note: January 26, 2024 — An earlier version of this video included a graphic that incorrectly identified "Jason Gaber" as "Jacob." 00:00 - $85,000 Per Day 01:24 - Urban Mining 01:56 - Finding Gold In Electronics 02:45 - Massive Recycling Problems 03:09 - Shark Scrapper 04:05 - Making Money From Scrap 04:45 - Dangers in India's E-Waste 06:25 - Mint Innovation — Australia 07:35 - Mint's Methods 08:40 - Recovering Copper And Tin 09:02 - Extracting The Gold 10:08 - Why It’s Safer 10:38 - Wade’s Vintage Electronics 11:35 - Most Valuable E-Waste 12:14 - The Export Problem 12:57 - Credits ------------------------------------------------------ #gold #worldwidewaste #businessinsider MORE WORLD WIDE WASTE VIDEOS: How Indians Handle Millions Of Tons Of Temple Offerings https://youtu.be/BqjvHfLkc7M Can "Golden Fiber" From Swamp Reeds Replace Plastic? https://youtu.be/h1zDJ1qZTlg Can Coconuts Replace Plastic Foam Coolers? https://youtu.be/lHgBJT1_x9A Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit our homepage for the top stories of the day: https://www.businessinsider.com Business Insider on Facebook: https://www.facebook.com/businessinsider Business Insider on Instagram: https://www.instagram.com/insiderbusiness Business Insider on Twitter: https://www.twitter.com/businessinsider Business Insider on Snapchat: https://www.snapchat.com/discover/Business_Insider/5319643143 Business Insider on TikTok: https://www.tiktok.com/@businessinsider How Scrappers Cash In On Gold From Your Old Computer | World Wide Waste | Business Insider

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