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Umicore Precious Metals Refining operates as one of the world’s largest precious metals recycling facilities. This business unit of Umicore is the world market leader in recycling complex waste streams containing precious and other non-ferrous metals. The company recovers and sells precious metals (silver, gold, platinum, palladium, rhodium, iridium, ruthenium), special metals (indium, selenium, tellurium), secondary metals (antimony, tin, bismuth) and base metals (lead, copper, nickel).
Recycling these materials is very profitable as metals don’t degrade or lose their value over time. One ton of e-waste contains 100 times more gold than raw ore from the mine. Umicore recovers 100 tons of gold each year, reaching recovery rates of more than 95% for the metals from e-waste.
- Country: Belgium
- Non-ferrous metal
- Maturity level: Established
Explore the Archetypes linked to this case
Circular Value Creation Strategies
The valorization of industrial production residues or materials from end of life products into the same or other production chains
Value Proposition Strategies
Enabling a price premium by highlighting/guaranteeing quality and or environmental claims (e.g. certificates, environmental stewardship,...).
Providing the customer with a cost reduction compared with BAU (e.g. shared use, avoiding waste handling fees, reducing resource consumption,…).