In the market of rare metals, iridium occupies a prominent position for its unique value and use. But before exploring the process of recycling iridium waste, it is crucial to understand the market price of iridium today. By analyzing a specific recycling case, we can gain a deeper understanding of the value and process of iridium recovery.
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The market price of iridium
As of today, the price of iridium is about $450 per gram. This price is influenced by a number of factors, including global market demand and supply, as well as the growing use of iridium in high-tech applications. Due to its rarity and non-fungibility in specific industrial applications, iridium is usually more expensive than many other metals.文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
A real iridium recovery case
In September 2023, an electronics company based in California's Silicon Valley conducted a recycling of iridium waste. The company generated about 1kg of iridium waste when it upgraded its equipment, mainly consisting of outdated semiconductor parts and some laboratory waste.文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
Recycling process:文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
Collecting the waste: First, a professional recycling team collected all the waste containing iridium.文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
Preliminary treatment: The waste is sorted and preliminarily treated to facilitate subsequent refining work.文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
Chemical treatment: The use of chemical methods to separate iridium from other materials.文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
Purified Iridium: A series of complex purification processes ensure high purity iridium.文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
Quantification and evaluation: The final recovered iridium is quantified and valued based on market prices.文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
In this case, one kilogram of iridium waste ended up with about 900 grams of high-purity iridium, with an estimated recovery value of about $405,000. Because the recycling process involves expertise and processing costs, recycling companies typically pay a percentage of the market price, which in this case may have been about $360,000.文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
Service declaration of Pyeongtaek Precious Metal Recycling Company
"At Pyeongtaek Precious Metals Recycling Company, we are committed to providing comprehensive precious metals recycling solutions. We specialise in the recycling of rare metals such as iridium, using advanced technology and expertise to ensure the safe and efficient extraction of high-purity iridium from a wide range of scrap materials. Our services range from electronic manufacturing waste to laboratory waste, and we are committed to providing our customers with efficient and reliable precious metal recycling services."文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/47330.html
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