Scrap Gold, Silver, Platinum Can Comprise Half an Airplane’s Recycling Value
Investing News Network - November 10th, 2011
Mineweb reported commercial and military airplanes sent to “graveyards” contain many thousands of dollars worth of gold, silver and platinum.
Mineweb reported commercial and military airplanes sent to “graveyards” contain many thousands of dollars worth of gold, silver and platinum.
As quoted in the market news:
You’re probably aware that gold demand is mostly for jewelry — in fact, over three-fourths of it is. But unknown to many people, notes Dillon Gage Metals, is that gold, silver and platinum are also employed in aeronautics and space travel. In the last plane ride you took, the craft was most likely coated with a thin, gold film that helped control temperatures during the trip.