Understanding Nickel Metal Recycling
Nickel is a non-ferrous metal used primarily in production by the stainless steel industry, but it also has uses in emerging technologies such as electric vehicle batteries. It has a silvery, white and hard appearance and offers a variety of physical and chemical properties essential for many engineering applications. The steady and continued demand for Nickel in manufacturing processes makes it imperative to think long-term about the sustainability of this metal for the Nickel manufacturer.
There are currently two main methods of extracting Nickel: mining and Nickel metal recycling. Nickel is he one of the most recycled materials in the world. About 68% of Nickel is recovered from recycled consumer goods. Common sources of recycled Nickel are primarily stainless steel and old batteries. Highly recyclable metals, Nickel, and Nickel-containing alloys can be processed into reusable Nickel materials. Unfortunately, about 17% of Nickel from consumer products is improperly recycled or ends up in landfills.
This article sheds some light into what many people do not know about the Nickel scrap and recycled Nickel.
Recycling Nickel can earn you money
Many people think they have to pay someone to dispose of their scrap. Scrap metals like Nickel scrap are so valuable to a variety of industries (and the environment) that metal recycling plants pay for the scrap they actually dispose of.
The amount you receive fluctuates almost daily as the recycling unit sets its prices according to the international Nickel market, but it is easy if you want to make some money from Nickel scrap.
Nickel is one of the most abundant elements on earth, but that doesn't mean it's precious.
Nickel is the fifth most abundant element in the world. There are about 300 million tonnes of Nickel on earth and almost 80% of this Nickel has been mined in the last 30 years. This is largely due to our increased knowledge, improved technology, and greater awareness of new ways in Nickel mining.
Nickel is not in high demand and can be considered very valuable. Well, if so, you are wrong. You'll be happy to know that most scrap metal has value for recycling. This means that while we can rely on a lot of Nickel scrap, the more Nickel that is recycled, the more recycled it is, rather than depleting the earth's natural resources and doing more mining that contributes to global warming.
Recycled Nickel could go on to become so many different things
Despite its abundant availability, Nickel metal is still highly prized for its amazing properties. It is highly ductile, has a high melting point, is corrosion/oxidation resistant and is 100% recyclable. These features make it perfect for hundreds of items such as tools, cell phones, musical instruments, and even kitchen appliances.
If you have items in your home that contain Nickel, they may have been completely separate items in the engineering, transportation, or technology industries before you owned them.
Recycled Nickel helps the economy
Most people recycle Nickel to help the environment while keeping money in their pockets. But did you know that to recycle Nickel also contributes to the economy?
According to a 2017 European study, the Nickel industry generates €43 billion of socio-economic value for communities. In addition, the production of Nickel and related industries such as the stainless steel industry, has reached 130 billion euros. About 750,000 jobs are affected, all of which are directly or indirectly dependent on Nickel. And this data only applies to Europe; so if you're thinking of expanding the geographic landscape of this study, just imagine the details of the whole world!
You may not even know you’re using Nickel
Nickel is so abundant and adaptable due to its diverse properties that it is used in thousands of items. A lot of unexpected items! The next time you throw a bottle, zip ties, or old guitar strings in the trash, check with your local metal recycling facility first. You can possibly earn money and make a contribution to a cleaner environment with your actions.
Recycled Nickel will probably be around long after you’re gone
In a world where the global warming movement is more important than ever, sustainability has become a real focus of everyday life. Nickel is a 100% recyclable material. So if recycled Nickel is recycled by the next owner and then recycled by the next owner, it can be used for hundreds, if not thousands of years.
With increasing global awareness of the importance of protecting the environment, international organizations, stakeholders and policy makers are emphasizing the importance of Nickel metal recycling in promoting the sustainability of the circular economy. A circular economy is a regenerative economy in which resources are used for as long as possible and their maximum value is extracted during their useful life. A circular economy is inherently sustainable and reduces negative impacts on the overall environment. Nickel metal recycling effectively meets the criteria for sustaining a circular economy as it can be reused many times, rather than the traditional linear material economy defined by a make-use-dispose model.
Hallmark Mining Corporation is a Nickel manufacturer and mining interest in the Philippines with a commitment to sustainable and responsible mining; for more information visit our website.