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:
- What is the melting point of copper? - 1085 degrees Celsius (1985 degrees Fahrenheit)
- What process is used to remove impurities from molten copper? - Electrorefining
- What is the purpose of electrorefining? - To remove impurities from molten copper
- What are ingots used for? - Ingots are used in various applications, such as electrical wiring, plumbing, and machinery.
- Who buys ingots bullion? - Refineries and other buyers who require copper for various applications.
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- Sentinel Copper Bars
- Johnson Matthey Silver Bars
- Engelhard Gold Bars
- Perth Mint Platinum Bars
- American Silver Eagles
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