Urban Mining/Electronic Waste Mining: A Fortune in Waste Business Proposal

Urban Mining/Electronic Waste Mining: A Fortune in Waste Business Proposal.

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Introduction. The purpose of this presentation is to show you a business opportunity on electronic waste recycling as a financially rewarding business. We find that the e-waste mining or urban mining business is highly profitable from the economic as well as environmental perspective. Tons of materials that can be reused to create wealth are lying useless and untouched in the waste landfills and dumps of our cities. Green businesses considered as a key drivers of the economy in the current global business scenario. Of the various green initiatives, E - Waste recycling creates the highest positive impact on the environment. However, the sector is very new with only a few corporate players in India and globally. This brings us an opportunity to become a dominant in E – Waste mining sector..

Urban Mining/E–Waste Mining. Refers to the process of recycling or recovering elements and compounds from already used/spent products, or waste (especially electric waste). The term “urban mining” describe the storage of used electric products, and from where metals in these used products could be extracted. Urban Mining is at minimum 4 times and maximum 80 times more efficient than conventional gold mining, making a fast-rising alternative to securing rare metals all around the world..

The business potential. E-waste is now the fastest-growing waste stream in the world and expected a growth of 500% in the next 10 years. The electronics industry relies heavily on rare metals to produce computers, telephones, television sets, and other electronics. About 70 elements are used in smartphones, including between 8 and 17 rare earth metals. It is estimated that 2 Billion phones are sold every year and 100-120 million phones that are discarded every year. From a million discarded smartphones, 16 tons of copper, 350 kilograms of silver, 35 kilograms of gold, and 15 kilograms of palladium can be recovered. Other e-waste like computers, copy machines, and monitors; even household appliances and other equipment contain metals like rhodium, copper, lithium, and about 20 types of metals that are currently typically extracted in urban mining and recycling practices. If e-waste was efficiently recycled, thousands of jobs could be created and the demand for precious metals could be met locally, reducing dependence on mining and exporting countries.

High Efficiency of Urban Mining Gold Mine 1 ton mined 1 ton mined Mobile Phone Gold 400g from 1 ton froml ton Home Appliance from 1 ton Gold 52g Gold 20g.

Valuable Materials in 1 Mobile Phone Valuable Material Amount Total 41.67 Gold 0.04 Silver 02 Palladium 0.03 Copper 100 Rhodium 0.002 Copper 14 Valuable Materials in 1 PC Valuable Material Amount Total 8.100 Gold Silver 06 5 Scrap Metal 5,000 Alluminium 1,000 (Unit : g) Cobalt 27.4 (Unit: g) Plastic 2,000.

Opportunities. Our waste is worth money and there is literally gold in our waste. This is a new global industry worth billions. There is an opportunity to make profit but also to clear our garbage. Concentrating only for precious metals such as gold, platinum, silver and base metals like copper and lead from E-waste is a great business opportunity. High technology penetration in Urban areas (>70%). This means that the highest source of e-waste is here. We are already running out of raw materials in regular mining and dig 2-3 kilometers deep to get minerals which is poorer in concentration. Urban mining can cover up to 40% of the global demand of precious metals. In India, organized e-Waste recycling is a future potential industry..

Employment Opportunities: Potential and Possibilities.

Financial Viability. Capital Expenses 1. Land : 100 Acres to start with. 2. Factory Building with furniture, fixtures, workbenches, shopfloor, tech equipment, etc. 3. Plant and Machinery Operational Expenses The Operational Expenses in this model are a. Salaries. b. Cost of scrap c. Utilities expenses such as electricity and water. d. Logistics expenses e. Marketing expenses f. Spares and consumables g. Contingency expenses.

Contact us. Blooming Numbers LLP. Co-Work India Opp. BDA Complex, HSR Layout. Bengaluru, India. Pin : 560102.