Originally Posted by
mike5ive
I joined this forum 3 days ago because I'm sitting on 2,300 pounds of laptop circuit boards and I though I might find an honest place to do business with here and so far all I see are people wanting to buy my boards and I have one reply saying I should think about just selling them so let me get this straight.
Leaving aside all other PM that can be recovered besides gold
Approx one ton of decent boards will get you 5 oz, "give or take
Or 250 lap tops will get you the same Approx 5 oz
so if you have 2,000 pounds of desktop main boards and you sell them outright you may expect approx $3,000 (give or take)
I'm not even going to get into the laptop situation for the purposes of this post, only the desktop 2,000 pounds.
So you do the math, $1,600 X 5
Yet no one knows of anyplace that will work with the public? I call that garbage
How about we start our own business of recovering PM from said circuit boards, I have a very good feeling that if we were to start a go fund me page in order to raise say $1,000,000 to do so "considering there is no other place doing so"
It might very well be pretty easy to do.
Who's with me on this idea?
HA HA HA!!!
Sorry, no one will refine such a small lot. If you want to go to a refiner directly, you will need quantity. Usually 40,000 lbs at a time, and commit to ship on a regular basis.
How do you know how much gold is in your boards? Only way to know is to do an assay. Each lot will be different, based on the particular mix in the lot. In order to do a meaningful assay, the lot must be shredded, blended and sampled properly!
Ewaste is very difficult to sample properly, as the material is not very homogeneous, even after shredding. If you don't have a representative sample, the assay will be worthless! A good quality commercial assay is about $150 PER ELEMENT, you need to assay for at least gold, silver, copper, palladium.
Just the cost of shredding, blending, sampling and assaying already nearly exceeds the value of such a small lot! This is one of the reasons why no large smelter wants to deal with small lots. I have worked in this industry, mostly on the side of sampling/assaying.
As far as the smelting and recovery goes, it will take many millions in investment to set it up, tons of permits, regulations to follow etc. If you think you can compete with the large smelters, go ahead!
Most buyers on here pay a fair value for the boards, based on estimated yields, based on years of their experience with similar lots. The smelters don't work for free either, they only pay out a ertain percentage of the recovered metals, plus there are all kinds of additional charges. In some cases there are even penalties for certain elements if they are present above a certain concentration (things like arsenic, selenium, cadmium, etc) Considering all that is involved, the buying prices are fair in my opinion. They take all the risk, and you get paid regardless.
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