Apple has recently launched two of their new iPhones, the 4.7-inch iPhone 6 as well as the 5.5-inch iPhone 6 Plus. The new phones come with a larger “Retina HD Display,” sporting a new iPad stylized design that includes a thin body with rounded corners. The new iPhones pack a faster processor, better camera, as well as including Apple Pay, a new payment system.
The new phones coming from apple will be available for purchase in gold, silver, and space gray. The storage for the new iPhones will be available in 16, 64, and 128 GB models. Purchasing the iPhone 6 with a contract will cost $199 while the iPhone 6 Plus will start at $299.
If you’re going to purchase the new iPhone, this leaves the question of what you plan to do with your old iPhone or other smart phone. There are better options around for you to consider rather than allow your old phone to gather dust or to be thrown away. Many technology available today have a worthwhile amount of gold, silver, and other precious metals used to produce them. By recycling your unused electronics and cell phones, you’ll give yourself the perfect opportunity to earn a little extra cash to help you purchase the new iPhone 6!
A fairly new trend that is happening is called Urban Mining. This trend involves scavenging scrap metals that are found in electronics, old or new. Many of these electronics are made with precious metals like gold and iridium, making urban mining a growing industry around the world.
Many of these precious materials that are recovered from these used electronics can be recycled for reuse in manufacturing new electronics. Another option is refining the scrap metals found in these electronics to be turned into ingots which can be sold. Some manufacturers can decide to buy these gold or other precious metal ingots back to be used in creating the circuit boards that are used in electronic devices. Gold has very useful properties when it comes to conducting electricity, more efficiently than other precious metals available. Jewelers and investors are also interested in purchasing these precious metal ingots due to their many uses. Whether there is minor or precious metals used in your electronics, recycling is a fantastic habit to start up.
Yokohama Metal Co Ltd has produced a study which shows that a tonne of gold ore produced by mines will only contain around 5 grams of gold. Mobile phones and electronics on the other hand can be mined for up to 150 grams of gold. With that in mind, it’s easy to understand why recycling old electronics can become a very profitable business. On top of gold being recovered from old electronics, other precious metals such as silver and copper can be recovered as well.
Recycling old electronics and selling the scrap gold found in them makes a lot more sense for certain countries. Japan, for example, have very limited natural resourced to be used for their industry in electronics. In order to make up for this, they are more heavily reliant on recycling their old technology that no longer has any relevance.
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