Debunking the Myth: Can One Ton of Old Phones Yield 200 Grams of Gold?

Deep News
Apr 10

A claim circulating online suggests that processing one ton of discarded mobile phones can yield 200 grams of gold, potentially generating a net profit exceeding 100,000 yuan. This has sparked interest among some individuals considering collecting old phones for gold extraction, while others worry they may be undervaluing their used devices by selling them.

Investigations conducted at secondhand markets in cities like Beijing and Shenzhen, along with insights from industry experts, reveal the reality behind these assertions. A manager from a mobile phone recycling company explained that the idea of extracting 200 grams of gold from one ton of phones is not entirely baseless. Older feature phones produced over a decade ago, which required thicker gold plating on circuit boards for corrosion resistance, could indeed yield close to that amount. However, the situation has changed significantly. With rising gold prices, manufacturers have substantially reduced the thickness of gold plating on modern smartphone circuit boards. Consequently, the actual gold recovered from one ton of recently produced smartphones is far less than 200 grams.

Liao Huanle, Chairman of China Resources Recycling Group's Electronic Appliances Company, clarified that a more accurate statement would be that one ton of discarded mobile phone circuit boards can yield over 200 grams of gold.

Peng Yousheng, President of the Shenzhen Mobile Phone Industry Association, noted that recent interest in the "gold extraction" concept has increased consumers' willingness to sell old devices. However, he observed a significant gap between public perception and the actual value of discarded phones. While memory chip prices have risen, whole-device recycling requires professional disassembly and evaluation. Gold recovery represents the final stage of a complex industrial chain, making it difficult for individual consumers to directly profit from it.

Industry insiders highlighted that the precious metal content in mobile phones varies greatly depending on the model and production year. Most devices in use today are smartphones, with an average weight of about 150 grams each. Extracting one gram of gold would require over 200 old phones. Currently, the cost of acquiring one ton of used phones is approximately 200,000 yuan.

A simple calculation shows that even if selling the extracted gold at Shanghai Gold Exchange spot prices, an individual spending 200,000 yuan to collect one ton of old phones would face a loss of nearly 150,000 yuan after accounting for reagents, labor, and environmental compliance costs—enough money to purchase a car.

Some online commentators have suggested small-scale extraction at home, such as processing a few circuit boards to obtain several grams of gold. This approach carries significant risks. Social media influencers promoting "gold extraction" methods and vendors selling "home gold refining kits" often encourage people to "seize the opportunity" for profit but frequently fail to warn about the dangers. Performing such chemical experiments at home can be life-threatening if done improperly.

An official warning issued via the Hebei Ecological Environment Department's social media account highlighted that "primitive refining methods" using strong acids and other chemicals produce highly toxic gases that pose direct health risks to operators.

Furthermore, illegal handling of hazardous waste and unauthorized precious metal extraction violate China's Criminal Law and Environmental Protection Law. Offenders face substantial fines, administrative detention, and potentially criminal prosecution for serious violations.

If gold extraction is so unprofitable, what motivates legitimate businesses in this sector? In reality,正规电子废弃物拆解企业 never rely solely on gold extraction for profitability. Liao Huanle explained that professional companies disassemble old phones to sequentially recover components like screens, cameras, and batteries. Only at the final stage are circuit boards smelted for precious metal recovery. Large-scale extraction using specialized technology makes the process viable, whereas standalone gold refining would incur costs exceeding returns.

The myth about extracting 200 grams of gold from one ton of phones resurfaces periodically. The entities truly profiting from this misinformation appear to be vendors selling "gold extraction tutorials" and "home refining equipment."

While electronic waste recycling is a green industry encouraged by national policy, it represents a capital-intensive, technology-driven, and heavily regulated professional field—not a get-rich-quick opportunity for individual investors. Peng Yousheng emphasized that the industry urgently needs to establish comprehensive standards covering the entire process from collection and disassembly to precious metal extraction. This would address current challenges including difficult environmental impact assessment approvals and pollution caused by unregulated small-scale operations.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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