The global manufacturing of electric and electronic devices requires a total of $21 billion in gold and silver every year, yet less than 15 percent of these valuable metals are recovered from electronic waste, according to representatives at the UN-backed initiative, Solving the E-waste Problem (StEP).
At current rates of production, $16 billion (or 320 tons) in gold and $5 billion (7500 tons) in silver are put into media tablets, smartphones, computers, and other devices annually. With growth in demand for smartphones and media tablets showing little sign of diminishing
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