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Economic Value
- Palladium Price: Approximately $65 per gram (as of mid-2024).
- Platinum Price: Approximately $33 per gram (as of mid-2024).
- Gold Price: Approximately $60 per gram (as of mid-2024).
- Revenue: Recovering precious metals from 1 ton of scrap catalysts can yield hundreds of thousands of dollars.
Resource Conservation
- Mining Cost Savings: Each ton of scrap catalysts recovered saves the extraction cost of approximately 10 tons of ore.
- Scarce Resources: Recycling precious metals reduces the demand for new resource extraction.
Environmental Protection
- CO2 Emissions Reduction: Recovering 1 ton of scrap catalysts can reduce CO2 emissions by about 1 ton.
- Pollution Mitigation: Precious metal recovery helps reduce environmental pollution associated with mining and smelting processes.
Sustainable Development
- Scrap Catalyst Production: Globally, approximately 500,000 tons of scrap catalysts are generated annually, containing significant amounts of precious metals.
- Circular Economy: Recycling and reusing precious metals promote a circular economy, fostering sustainable development.