EconomyLens.com
No Result
View All Result
Saturday, September 19, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Britain’s Royal Mint strikes gold in electronic waste

Thomas Barnes by Thomas Barnes
August 4, 2026
in Other
Reading Time: 6 mins read
A A
2
26
SHARES
327
VIEWS
Share on FacebookShare on Twitter

Kate Griffiths, a chemical analyst at the Royal Mint, agitating an electronic component in chemicals to remove the gold. ©AFP

Llantrisant (United Kingdom) (AFP) – At the heart of Britain’s coin factory, old Bank of England telephones are stripped down and dipped into giant vats to recover a hidden treasure: the gold in their circuits. Behind barbed wire and coded security gates at its site near Cardiff in Wales, the Royal Mint — the state-owned maker of British coins as well as medals — is turning electronic waste into luxury jewellery. The initiative remains unusual in a sector where much electronic waste never reaches proper recycling facilities. Opened two years ago, the plant can process around 4,000 tonnes of electronic waste a year, containing “about 400 kilos of gold,” said the Mint’s development director, Sean Millard.

Related

Trump’s beef policies irk Texas ranchers, testing their loyalty

Hushing and hedging: US companies retreat on climate

Stock markets diverge after central bank rate hikes

Russia seizes assets of Nestle, French firms over West’s Ukraine support

Asian stocks boosted by falling oil, yen weakens after BoJ rate hike

Behind him, a largely automated line of chemical vats is off limits to cameras because the process is patented by a Canadian company, Excir. Each Bank of England office phone recycled here contains around 30 milligrammes of gold, worth around three pounds ($4.00) at current prices. A modern smartphone contains roughly four pounds’ worth of the metal. Gold is prized in electronic circuits because it conducts electricity well and does not corrode. But its chemical stability also makes it difficult to recover from electronic waste.

Unlike many recyclers, which melt electronic waste in bulk, the Royal Mint dismantles devices first. Copper, tantalum, and even the plastic from circuit boards are sorted and sold to specialist recyclers. Gold is traditionally recovered either by smelting at very high temperatures or by using corrosive acid mixtures that generate hazardous waste. Instead, the Royal Mint uses a process that dissolves the gold at room temperature. “There’s no external energy input and it can be reused for batch after batch of feedstock,” said Kate Griffiths, a chemical analyst at the Royal Mint. She demonstrates the process by placing electronic components in a chemical bath and adding reagents one by one until a fine gold powder forms.

Once refined to improve its purity, the extracted gold is used to make jewellery for the Royal Mint’s “886” brand, which refers to the date the institution was founded. The mint also uses recycled silver, some of it extracted from old radios supplied by British hospitals. In the jewellery workshop, quieter than the Royal Mint’s coin-pressing halls where he used to work, 63-year-old John Powell carefully polishes a ring. “I wouldn’t be able to tell you whether I’m working with the recycled or the normal,” he said.

Worldwide, only 22.3 percent of electronic waste was properly collected and recycled in 2022, according to a United Nations report. Improper recycling can release lead, mercury, or plastics into the environment and contribute to climate change, the report warned. At the same time, soaring gold prices have made recovering increasingly attractive. The metal climbed to a record high of nearly $5,600 an ounce at the end of January amid global economic uncertainty, though it has since fallen back to around $4,000.

“When the price of gold is really high, the cost of processing the waste to recover the gold is irrelevant,” making alternative solutions commercially viable, said Jason Hallett, a professor of sustainable chemical technology at Imperial College London. “It’s a win-win,” he said, as long as the extraction processes do not send energy consumption or emissions soaring.

© 2024 AFP

Tags: environmentgoldrecycling
Share10Tweet7Share2Pin2Send
Previous Post

Frustration builds as Cuba scrambles to restore power

Next Post

Rockets, Starlink, AI: SpaceX faces its first Wall Street grilling

Thomas Barnes

Thomas Barnes

Related Posts

Other

AI doomsday warnings unlikely to slow IPOs but questions linger

September 18, 2026
Other

Asian stocks track Wall St rally as oil prices drop

September 18, 2026
Other

‘In our lane’: Fed’s Warsh defies Trump but still fighting for credibility

September 17, 2026
Other

GM delivers first components for US interceptor missiles

September 18, 2026
Other

Most stocks rise as Fed hikes and oil prices drop

September 17, 2026
Other

Most stocks rise as Fed hikes and indicates drive to curb inflation

September 17, 2026
Next Post

Rockets, Starlink, AI: SpaceX faces its first Wall Street grilling

Weak yen helps auto giant Toyota raise forecasts

Most stock markets gain, while oil prices edge up after plunge

BP profit soars as Mideast war roils energy prices

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

104

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Trump’s beef policies irk Texas ranchers, testing their loyalty

September 18, 2026

Nvidia, OpenAI CEOs to attend Xi dinner at White House

September 18, 2026

Anthropic picks Accenture for in-house AI safety evaluation

September 18, 2026

Global stocks mixed as yen falls despite Bank of Japan rate hike

September 18, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.