Connect with us

Hi, what are you looking for?

Tech & Science

Minerals in e-waste discarded in 2016 were worth $65 billion

Phys.Org is reporting the 44.7 million metric tons is the equivalent of 4.500 Eiffel Towers, or1.23 million fully loaded 18-wheel 40-ton trucks, according to the report from the UN’s International Telecommunication Union, the UN University (UNU) and the International Solid Waste Association.

Now bear in mind this pile of e-waste includes refrigerators, televisions, solar panels, mobile phones, and computers, to name just a few of the many plug-ins or battery-operated devices we use. The report also points out that the total of the e-waste included a million tons of chargers alone.

Experts foresee a further 17 percent increase — to 52.2 million metric tons of e-waste by 2021, — the fastest growing part of the world’s domestic waste stream. However, the report also points out a disturbing statistic – Only 20 percent or one-fifth of all that e-waste generated in 016 was recycled.

Billions of dollars in waste being thrown out
Digital Journal has kept up with the latest innovations in the recycling of many different types of waste. Ontario, Canada-based Pyrowave, uses a patented technology involving Catalytic Microwave Depolymerization (CMD) to recycle polystyrene scrap.

Another group called Green Circle targets hair salons in Canada and the U.S., helping to make their carbon footprints smaller. Green Circle claims their program can divert 70 to 90 percent of waste the salons produce from going to the landfill. Their hope is to make the salons and spas that are part of the program 100 percent sustainable by 2020.

Eight million tonnes of plastic ends up in the world's oceans annually  the

Eight million tonnes of plastic ends up in the world's oceans annually, the “New Plastics Economy” report said
, Hong Kong Cleanup/AFP


One of the biggest waste problems next to e-waste is landfills. Digital Journal outlined a study earlier this year that proposed using landfill waste to produce energy which will generate fewer greenhouse gases than simply letting the waste decompose. The study highlighted the great opportunities for startups.

The whole point in mentioning the recycling of these three different types of waste is to show that things that are thrown into landfills do have an additional value, regardless of whether it is hair, plastics or food.

What about the value of e-waste?
Remember, only 20 percent of the e-waste accumulated in 2016 was recycled. Would it surprise you to know the estimated value of recoverable materials in last year’s e-waste was $64.6 billion (55 billion euros), which is more than the 2016 Gross Domestic Product of most countries in the world?

Greek households recycle only 16 percent of their waste  well short of the European average and nowh...

Greek households recycle only 16 percent of their waste, well short of the European average and nowhere near EU targets
Eleftherios ELIS, AFP


We are talking about the rich deposits of gold, silver, copper, platinum, palladium, lithium, cobalt, and other high-value recoverable materials in much of the e-waste being discarded, quite often, in an improper manner, in dumpsites or in incinerators, according to the report.

“E-waste management is an urgent issue in today’s digitally dependent world, where the use of electronic devices is ever increasing,” ITU chief Houlin Zhao said in a statement. But there is a positive note on this issue. A growing number of countries are adopting e-waste policies.

Today, 66 percent of the global population, in 67 countries, live under e-waste policies, up from 44 percent in 2014. This is good news, especially as electronic and electrical devices are seeing falling prices globally, allowing, even more, people to afford them.

Have you ever wondered where the cobalt in your Smartphone comes from? More often than not  from the...

Have you ever wondered where the cobalt in your Smartphone comes from? More often than not, from the Congo, with children as young as seven years old doing the mining.
University of California at Berkeley


But at the same, time, companies are shortening replacement cycles for mobile phones and other devices, resulting in an increase in e-waste globally. ITU’s e-waste technical expert Vanessa Gray suggested that technology companies should consider the e-waste impact of constantly pushing out new versions of products.

Bottom line? We are throwing away billions of dollars worth of valuable minerals and other materials that could be recycled for further use in electronic devices, storage batteries, and many other products. And while a few startup companies around the world are taking advantage of the technologies available to extract minerals from e-waste, itis obvious more will need to be done.

Avatar photo
Written By

We are deeply saddened to announce the passing of our dear friend Karen Graham, who served as Editor-at-Large at Digital Journal. She was 78 years old. Karen's view of what is happening in our world was colored by her love of history and how the past influences events taking place today. Her belief in humankind's part in the care of the planet and our environment has led her to focus on the need for action in dealing with climate change. It was said by Geoffrey C. Ward, "Journalism is merely history's first draft." Everyone who writes about what is happening today is indeed, writing a small part of our history.

You may also like:

World

Let’s just hope sanity finally gets a word in edgewise.

Tech & Science

The role of AI regulation should be to facilitate innovation.

Sports

In the shadow of the 330-metre (1,082-foot) monument, workers are building the temporary stadium that will host the beach volleyball.

World

Iranians lift up a flag and the mock up of a missile during a celebration following Iran's missiles and drones attack on Israel, on...