- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
The Telegraph reported that in an interesting move, Veolia Environmental Services (UK) plc, one of the United Kingdom’s biggest street-cleaning companies, said it plans to “mine” street debris for metals like palladium, platinum and rhodium. It thinks it will be able to recover material worth 1 million pounds.
The Telegraph reported that in an interesting move, Veolia Environmental Services (UK) plc, one of the United Kingdom’s biggest street-cleaning companies, said it plans to “mine” street debris for metals like palladium, platinum and rhodium. It thinks it will be able to recover material worth 1 million pounds.
As quoted in the market news:
These metals are commonly used in catalytic converters and tiny amounts can be thrown out by car exhausts, which then settle on street surfaces. The company believes it may even find traces of gold and silver in the sweepings, as tiny fragments can rub off clothes, shoes and jewellery.
Until now, street sweepings have been sent straight to landfill or compost sites, but Veolia has now established the country’s first plant to extract precious metals from the material, at Ling Hall, near Rugby, Warwickshire.
The rubbish will go through a number of processes, including filtration and chemical washes, to extract the valuable substances.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.