How to make more money from e-waste in the face of such tough competition? Dear readers, if you want to make more money from e-waste recycling on a small scale, you have to be a little more careful about its purchase these days. There wasn’t much competition in the e-waste recycling business until ten years ago. But there is a lot of awareness among people about e-waste now. And so, the precious metal recovery from e-waste is not a hidden thing anymore. And this is the reason why so many large business groups have come into this field. One ton of e-waste is supposed to contain more precious metals than one ton of gold mine ores.
So, in a way, this e-waste awareness has caused tougher competition. And this is also because the electronic component manufacturers are using a lesser amount of precious metals. The reason is quite obvious-high prices of precious metals and the tough competition among the manufacturers. So, in the present scenario, the small-scale/part-time e-waste recyclers are worried about how they're going to survive? But the good news is that there is still a way out. And that is that you’ve got to be choosy in your purchase. First, always purchase old batch material. Second, everybody wants easy money, and so they go for the gold recovery from only a few components such as processors, chips, MLCCs and gold-plated connectors, etc. The small recyclers sometimes ignore components like diodes, LEDs, transistors, etc. These components also contain gold and silver. This is also one of the reasons why they don’t make more profit out of electronic waste/e-waste. I would like to share with you a piece of useful information here. And that is that the Russian and German electronic components/device manufacturers used the maximum amount of precious metals compared to other manufacturers. Only a few people know this fact. So, always look out for e-scrap from these two countries. And don't lose the opportunity whenever you find it.
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