A smartphone contains around 40 different critical raw materials, with a concentration of gold 25 to 30 times that of the richest primary gold ores.
The Urban Mine Platform – tracks the flows of precious metals and other raw materials in products, whether they are currently in use or at the end- of-life stage - has put together a database of valuable materials available for recovery from scrap vehicles, spent batteries and waste electrical equipment has been created.
The database reveals the amount of valuable materials in the EU’s discarded vehicles, batteries, computers, phones, gadgets and appliances totals roughly 18 million tonnes, equivalent to the weight of around three million elephants.
It was also noted that
Recovering materials from high tech products produces 80 percent less carbon dioxide emissions compared to taking it out of the ground.