The 3,700-square-metre facility uses advanced technology developed by Canadian company Excir to extract 999.9% gold from printed circuit boards. The gold is used in consumer electronics such as
The 3,700-square-metre facility uses advanced technology developed by Canadian company Excir to extract 999.9% gold from printed circuit boards. The gold is used in consumer electronics such as televisions, laptops and mobile phones.
This new method is more energy and cost-efficient than traditional gold mining methods as it completes the process in minutes.
Innovative recycling process: how does it work?
The gold extraction process at the plant allows processing up to 4,400 tons of printed circuit boards per year and producing up to half a ton of precious metal. At current prices, the value of this amount of gold is as follows: 34 million dollars.
It is worth noting that large technology companies have long been involved in the processing of printed circuit boards. For example, Dell has been recycling more than 900,000 tons of e-waste per year since 2018.
What will happen to the restored gold?
The Royal Mint has started using recycled gold in its production line and has launched a luxury collection of 886 pieces including necklaces, bracelets, rings and earrings.
Prices for these pieces range from £275 ($350) to £110,000 ($140,000).
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