New figures released by the Waste and Resource Action Programme (WRAP) reveal that the thousands of tonnes of e-waste produced in the UK each year represents a multi-billion pound reycling opportunity.
The report found that almost a quarter of the waste electrical and electronic equipment (WEEE) discarded by households each year could be re-used either straight away or resold after repair and refurbishment. This could generate gross revenues of more than £220m a year whilst extracting valuable resources like gold, silver and copper found in items such as mobile phones.
Dr Liz Goodwin, chief executive of WRAP, says that between now and 2020 UK electronic waste will total 12 million tonnes, providing a massive opportunity for re-use and extraction of precious raw materials.
“At the risk of stating the obvious, if we are reusing goods that contain precious metals, we are reducing the pressure on extracting new raw materials for use at the beginning of that long supply chain,” she said. “The end result would be that we’d be taking step closer towards that elusive closed loop economic model, and there would be financial, environmental and individual benefits that accrued.”
Source: Business Green