[LINK] recycling 100 million cell phones yields 7, 500 pounds of gold

[Richard Chirgwin]

Stephen Wilson wrote:
>
> Richard , are you channelling Barnaby Joyce?
>> There are, Google tells me, 14.5833 Troy ounces (the 'ounce' of gold) 
>> to the standard pound.
>>
>> So it's about 126 billion in USD at today's  close in NY, or 135 
>> billion Au.
>>
>>   
> 7500 lbs X 14.58 oz X 1250 $ per oz = 109,350 oz X 1250 $ per oz = 
> 136.867 MILLION
>
> Sanity check: 126 billion dollars from 100 million phones would put 
> the raw cost of a phone in the ball park of one grand.
>
> Cheers,
>
> Steve Wilson.
<oops> My eyes are tired! </oops>
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