E-waste is growing, and with that surge comes the need for effective electronics recycling programs. According to a January 2019 report from the World Economic Forum, E-waste is now the fastest-growing waste stream in the world, with an estimated waste stream of 48.5 million tonnes in 2018.
Why Is Electronics Recycling Important?
Rich Source of Raw Materials: Internationally, only 10-15 percent of the gold in e-waste is successfully recovered while the rest is lost. Ironically, electronic waste contains deposits of precious metal estimated to be between 40 and 50 times richer than ores mined from the earth, according to the United Nations.
Solid Waste Management: Because the explosion of growth in the electronics industry, combined with short product life cycle has led to a rapid escalation in the generation of solid waste.
Toxic Materials: Because old electronic devices contain toxic substances such as lead, mercury, cadmium and chromium, proper processing is essential to ensure that these materials are not released into the environment. They may also contain other heavy metals and potentially toxic chemical flame retardants.
International Movement of Hazardous Waste: The uncontrolled movement of e-waste to countries where cheap labor and primitive approaches to recycling have resulted in health risks to residents exposed to the release of toxins continues to an issue of concern.
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