This article aims to summarize the recycling status of scrap gold, silver, platinum, and palladium by regions and industries in order to utilize the data for securing raw materials of the domestic urban mining industry. The amount of gold from scrap has shown a tendency to decrease in countries other than China over the last ten years, which is attributed to the increase in scrap containing gold in China. The industry demand for gold is the highest in electronic products, but it is decreasing. The amount of scrap recycling for silver has declined but total silver production has increased by increasing mine products. As production and demand from platinum and palladium scrap are mostly for catalysts, their demand could be affected by the electric vehicle industry.
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Kim et al. (2019) studied this question.
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