Researchers found that millions of obsolete mobile phones kept in German drawers collectively contain approximately one tonne of gold and other valuable metals, yet recycling of these devices is minimal. This highlights a significant untapped source of precious metals that could lessen reliance on traditional mining, lower ecological footprints, and create economic opportunities for the recycling and urban‑mining sectors. The study’s researchers, German consumers holding outdated phones, recycling firms, and policymakers responsible for e‑waste regulation. Expect increased advocacy for phone take‑back schemes, potential policy incentives for urban mining, and growth in specialized e‑waste processing facilities. A study cited by Handelsblatt estimates that old mobile phones stored in German households contain roughly one tonne of gold and other valuable metals. Despite this potential, recycling rates for such devices remain low, meaning most of the metal stays locked in drawers. The finding underscores an opportunity for urban mining and stricter e‑waste collection to recover precious metals while reducing environmental impact.
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AI estimate · not scraped