UNDERSTANDING THE ROLE OF URBAN MINING IN SUSTAINABLE DEVELOPMENT

Stringent emission regulations and lucrative subsidies for recycling waste will revolutionize the global urban mining market.

Initially, urban mining's scope was limited to recovering precious metals from E-waste, but at present the scope of urban mining has broadened to include buildings, infrastructure, cars, metal, and anything you can find in a city's landfill. Metals such as gold, silver, copper, palladium, steel, aluminum, and others are being extracted from urban mining.

According to the blog from Greentec, 5 grams of gold is extracted from 1 ton of gold ore and 150 grams of gold can be mined from 1 ton of cellphones. Similarly, the global electronics industry requires 320 tons of gold and 7,500 tons of silver. Therefore, instead of extracting metals and minerals from natural resources, urban mines can help to supply raw materials for various industries.

The growing population and increased disposable income have boosted the use of home appliances, mobile phones, and other electrical and electronic appliances. Furthermore, the rapidly growing manufacturing sector, increasing demand for houses and commercial buildings, and renovation of old buildings have resulted in the growth of landfills. Disposable of this growing landfill is a major environmental concern as many of the times, material disposed of in landfills may contain harmful chemicals and hazardous materials, which can have adverse effects on human health. In developed countries, the growing use of battery-operated appliances has resulted in a major problem of disposal of batteries. Urban mining is a better solution for the disposal of landfill, and one can practice sustainable development. Recycling of metals for successfully recovering raw materials from urban landfills and a systematic recycling approach with effective recycling can help many companies in monetary terms.

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