British coin maker Royal Mint will recycle discarded phones and laptops to extract gold, silver and other precious metals from devices using "revolutionary" first-world technology.
Royal Mint has partnered with Canadian startup Excir to use mining technology, capable of recovering 99% of the metals in e-waste. The statement said the chemicals selectively target precious metals and extract them within seconds. The gold can then be melted into ingots and used in Royal Mint products. The Royal Mint plans to store the precious metals at room temperature at its original site in Wales, rather than storing e-waste in landfills or sending it outside the UK for high-temperature processing in factories. Initial use of this technology resulted in gold of 999.9 purity. When fully grown, it can also recover palladium, silver, and copper.
said Ann Jessup, CEO of Mint
Royal Mint uses a new "revolutionary" technology to recover gold from e-waste