Mobile phones are manufactured using gold. Due to its highly desirable properties of extreme malleability and conductivity, gold is frequently used in the production of circuitry and other components for a wide range of technological devices.
However, is it possible to "mine" cell phones for gold?
Technically, yes, but hard work is involved.
There would be a lot of precious metal available if old cell phone casings made of plastic, metal, and glass could be efficiently extracted. up to 280 grams, or nine troy ounces! only one metric ton of cell phones can yield gold. plus about the same amount of palladium, platinum, and copper. That probably sounds great in theory. But think about it this way: It would take approximately 24 million cell phones to extract half a ton of gold.
How is it possible to profitably acquire and process that many mobile phones?
Another major concern is security. If one did not work for a company that only recycled phones in controlled environments, this kind of endeavour probably would not be possible. The need for a controlled environment is made even greater by the fact that toxic chemicals are used in various processes during the production of mobile phones. What goes into these phones during production will come out during "deconstruction," and exposure to those chemicals is dangerous to people and the environment.
The highly specialized process of extracting and recycling precious metals from mobile phones is not our primary focus at Au Bullion. Despite this, it continues to be a fascinating topic of conversation and a remarkable illustration of the value of precious metals and the odd ways in which they are used in everyday objects.