Many people attempt to be rid of unused electronic devices by donating or recycling them but are not sure what to do with the charging cords. Fortunately, these cords and wires also have metals and can be recycled.
Wire recycling takes unused wires, separates the metals from their casing and purifies the metals. When wires are recycled, the metals inside can be recycled and reused for new products. While wire recycling can be completed by oneself with the right expertise, it is most recommended to sell unused wires to a precious metal refinery.
These refineries will safely and swiftly extract the metals from wires, evaluate their monetary value and compensate the seller. If someone is looking to get old wires out of their junk drawers and help the environment while getting a little extra spending money, wire recycling is the best of all worlds.
Scrap wire is not only found in unused devices charging cords. Wires can be found almost anywhere in daily life. It’s used in the construction of buildings, the manufacturing of cars, home appliances like dishwashers and dryers and is even found in unused medical devices. Wires are also found within old electronic devices.
Scrap wire can often be found within the home, most likely within a junk drawer or amongst unused electronics. Wires are used as a line of electrical conduction and can be found where electrical conduction is not needed anymore. This could be in electrical outlets or light fixtures. Unused wire can also be found online, as many sell their unused charging cords on online marketplaces.
Wires and cables use metals with high conductivity so that the cord can easily transfer electricity. Conductive metals like aluminum, steel and copper are all used within wires. These metals are a nonrenewable resource extracted from the earth. Copper is one of the most difficult metals to mine, yet is the most commonly used metal in wires as it resists corrosion.
As people depend further on electronic devices and wires to charge such devices, more metal is extracted from the earth. These metals are becoming increasingly hard to extract and extraction has an increasingly negative impact on the environment. Metal extraction is responsible for almost half of the earth's carbon emissions and diminishes biodiversity.
Recycling wires and cables help meet the high demand for metals like copper and aluminum, decreasing the need to extract them from the earth. When unused products are not recycled, they end up in landfills around the world. Unfortunately, humans throw away 40 million tons of electrical waste every year, worldwide. This electrical waste ends up in landfills when it could be recycled and reused in new products.
Recycling devices, wires and cables with precious metal refineries also proves the seller with some extra money. Not only does the seller help meet the demand for precious metals but they avoid the devices ending up in landfills.
If someone has gathered their unused charging cords at home and has collected unused wires elsewhere, it is time for them to begin the recycling process. If there is no need to sell the unused devices, there are many companies with e-waste programs that collect unused computers and smartphones, even their charging cords. However, connecting with a precious metals refinery will both ensure the metals will be refined properly and that the seller will receive compensation.
Recycling centers can accept all kinds of wires, whether they are from home appliances, personal electrical devices or even extension cords. Once a precious metal refinery receives old wires and cables, they first have to extract the wire from its casing. This casing is often made out of plastic and must be removed to see what type of metal the wire contained.
Once the insulation is removed by cutting it off or using a steel roller, the metal can be extracted. Each precious metal refinery may have varying ways of purifying these metals. Oftentimes, the metal is exposed to heat to remove any impurities that may still be present. The metals are then melted and shaped into bars and bullions. This way, the metal can be easily transported to the manufacturer and reused in new products.
Copper is the wire of the most commonly used metals in wire and cables because of its high conductivity and resistance to corrosion. While copper is almost always found when cables are recycled, the metal is still in high demand, with a high selling price. Copper is currently priced at about US$4.44 per pound, which can add up quite quickly when large amounts of wires are recycled.
Scrap metal prices vary based on supply and demand, as well as labor and transportation costs. While metal prices may be relatively similar across the United States, precious metal refineries also have to consider the cost of labor to recycle the metal and the cost of transporting metal to manufacturers. Overall, there is still a high demand for metal and wire recyclers that can still receive a profit.
With copper currently priced at US$4.44 per pound, there is a high chance of revenue from recycling charging cables. Along with this, aluminum has recently been priced between US$0.40 and US$1.05 per pound. Aluminum wire with steel has also been priced at US$0.38 and brass wire is US$1.82 per pound. Those who are looking to recycle their old wires are sure to receive sufficient compensation, especially if their wires contain copper.
While it might be tempting to search the nearest metal refinery nearby, it is important to do more thorough research to find the best refineries. Precious metal recyclers all have their specialties and equipment to properly recycle certain metals. Confirm that a refinery has the means to properly recycle wires and that they will provide honest compensation. Searching for reviews and connecting with others who have worked with the refinery can provide insight into the quality of their facility.
It is also important to continuously ask questions and converse with the refinery before sending them scrap wires. The best scrap wire recycler will, among other things, be honest, promote transparency and help others make a positive impact on the environment.
If you’re looking for a precious metal refinery to guide you through your recycling process, Majestic Corporation is the partner for you. Our compliance guidelines represent the management philosophy and code of conduct of our team and company. Majestic Corporation has been a leading precious metals recyclers, non-ferrous metals and catalytic converter provider for three decades. With a presence in the United States, United Kingdom, Malaysia, Italy, Mexico, Australia, Hong Kong and more, as well as a network of precious metals refineries around the world, we work with major customers and partners in a transparent and discrete manner and only offer the highest quality services at competitive prices.