How do recycling businesses make money on old electronics?

How is this done?

I’m sure there are many profit plans for recycled electronics, but here is my favorite:

The company takes the old elecs off of a big business’s hands, lets say they’re upgrading to new models for all their employees, well they just let the recycles come in and take all the old machines for no cost. The recyclers then bring the old elecs back to their plant where they put them on a grinding machine that breaks the machines back into their most basic components. A sorter then sorts all the little pieces into different buckets based on density. The buckets are thus filled with gold, silicon, and other valuable materials used in circuitry. The recycler then simply melts the materials back into ingot form and they resell them as gold bars. (or silicon, or silver, etc.)

Old Electronics Are a New Gold Mine

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