Can you melt down scrap copper and resell as ingots bullion?

Melting down scrap copper and reselling it as ingots bullion is a viable option for those looking to make a profit from scrap metal. However, it is important to note that the process of melting and refining scrap copper requires specialized equipment and expertise.

Melting Process:

To melt down scrap copper, you will need a furnace that can reach temperatures of approximately 1085 degrees Celsius (1985 degrees Fahrenheit). The scrap copper is placed in the furnace and heated until it liquefies.

Refining Process:

Once the copper has melted, it needs to be refined to remove impurities. This can be done through a process called electrorefining, which involves passing an electric current through the molten copper. The impurities are attracted to the negative electrode and removed from the molten copper.

Ingot Production:

The refined copper is then poured into molds to create ingots. These ingots can be sold to refineries or other buyers who require copper for various applications.

Profitability:

The profitability of melting down scrap copper and reselling as ingots bullion depends on several factors, including:

  • Availability of scrap copper
  • Cost of equipment and supplies
  • Refinement efficiency
  • Market price of copper

Related Questions:

  1. What is the melting point of copper? - 1085 degrees Celsius (1985 degrees Fahrenheit)
  2. What process is used to remove impurities from molten copper? - Electrorefining
  3. What is the purpose of electrorefining? - To remove impurities from molten copper
  4. What are ingots used for? - Ingots are used in various applications, such as electrical wiring, plumbing, and machinery.
  5. Who buys ingots bullion? - Refineries and other buyers who require copper for various applications.

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