As millions of cell phones get trashed away in waste bins and landfills, they are devoid of the opportunity to get recycled. By not engaging in mobile phone recycling, many precious and rare metals get lost in the process.
The government is seriously considering the amount of wastage of these rare metals. Earth metals such as cobalt and gold are used in various mobile devices including cell phones, laptops, batteries, headphones and televisions too. Despite knowing this fact, we continue to discard these electronics rather than making use of schemes like the mobile phone recycling.
It is estimated that from 2012 to 2020, around 12 million tonnes of e-waste will end up in landfills. Roughly a quarter of that figure is expected to be IT equipment containing 17 tonnes of iridium and 63 tonnes of palladium. The lost palladium, if marked in terms of its cost, will be worth nearly a billion pounds and iridium, around 380 million pounds at the current market price level. It is extremely likely that both these elements will be worth much more in the times to come unless their supply increases.
The statements above in no way indicate that cell phone recycling is only about the lost money. It is more about conserving our planet and the limited resources it has. If we do not save and protect the rare elements our future generations will see none of it. Can you imagine what life will be without oil and even the new iPad if all metals are gone. Let us make a beginning and recycle instead of wasting.
