Economic aspects of metals recover

Daria Wieczorek , Dobrawa Kwaśniewska

Abstract

One of the modern economy models is circular economy in which wastes should be considered as resource and used in an efficient and sustainable way. This also concerns to metals included in scraps. However, the need for metal recovery from waste is not only the result of the latest economic trends but also the result of large and constantly changing demand for metals. Shrinking natural sources of metals, concentrations of ores in small number of countries in the world and resulting from this dependence on import, geopolitical situation, new technologies demands are only a few most important determinants that have been changing the structure of the metal market over years. In this chapter, authors focused on the presentation of economic aspects of metal recovery from various sources. The chapter presents the characteristic of metal market elements (supply, demand and price) and changes that took place over decades, underlining the structure of precious and highly desirable metal market elements. Balance between the demand and supply ensures price stability and rationalizes inflation. However, growing demand on many means that secure supply chains, such as recycling and material recovery, are essential to ensure continuity in the supply chain and guarantee unrestricted technological progress and innovation. The data included in this chapter presents also the concentration of different metals and group of metals in wastes pointing that recycling of waste can become one of the possibilities of acquiring missing and critical metals. Metal-laden wastes include a few groups: waste electrical and electronic equipments, catalysts of different application, introduced on chemical, petrochemical or automotive market, galvanic wastes and wastewaters. The profitability assessment of recycling processes is very complicated. Nevertheless cited data shows that profitability of recovery depends on the metal analyzed and the type of waste. It must be underline that an optimized management of wastes is of a great importance for the global economy and allow achieving not only economic but also environmental and social benefits.
Author Daria Wieczorek (WT / KTiAI)
Daria Wieczorek,,
- Department of Technology and Instrumental Analysis
, Dobrawa Kwaśniewska (WT / KTiAI)
Dobrawa Kwaśniewska,,
- Department of Technology and Instrumental Analysis
Journal seriesPhysical Sciences Reviews, ISSN 2365-659X, (0 pkt, indicated Indexes)
Issue year2018
Vol3
No4
Pages1-18
Publication size in sheets0.85
Keywords in Englishcircular economy; metal market elements; metal recovery
DOIDOI:10.1515/psr-2018-0027
URL https://doi.org/10.1515/psr-2018-0027
Languageen angielski
Score (nominal)15
Score sourcejournalIndex
ScoreMinisterial score = 15.0, 19-03-2020, ArticleFromJournal
Publication indicators WoS Citations = 0
Citation count*2 (2020-09-28)
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