Forget panning for gold or extracting copper ore. A new study shows that recovering metals from discarded electronics, a process known as urban mining, is far less expensive than mining them the traditional way. In 2016 alone, the world discarded 44.7 million metric tons of unusable or simply unwanted electronics. A Chinese study found that organisations could make a profitable business out of urban mining, which is 13 times cheaper than traditional mining – especially when government subsidies are factored in.
So what are the income opportunities from old electronics? Read on.