Precious metal recycling industry delivering greater efficiency
The industrial precious metal recycling industry is experiencing a technological transformation. Researchers at Shanghai Normal University developed a dual-effect photocatalytic system that recovers 80-100% of platinum-based metals from waste at room temperature, with over 91% purity and 70% less energy consumption compared to traditional methods. Canada’s ENIM plans to open a zero-waste hydrometallurgical facility in 2027 to process electronic waste. Rising international gold prices, fluctuating around $1,950 per ounce in April 2025, have spurred activity in the recycling market. Platforms like DONGSHENG use real-time gold pricing and advanced appraisal tools to connect with over 77 million buyers globally. Industrial precious metals include gold, silver, platinum, palladium, rhodium, iridium, and ruthenium, crucial for industries like electronics and automotive. Companies like Cyclic Materials and Jinchuan Group are advancing recycling capacities, achieving recovery rates over 99%. Smart recycling technologies are also improving pricing transparency and detection accuracy, further driving industry growth. Learn more about this progress.
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