Page 41 - Bullion World Volume 02 Issue 02 June 2022_Neat

Bullion World | Volume 2 | Issue 02 | June 2022

New technology dramatically increases the

recovery rate of precious metals from waste

In South Korea, which relies on imports for 99.3% of its metal resources, the per capita consumption of metal
resources is the highest in the Organization for Economic Co-operation and Development, and consumption of
precious metals in industries such as renewable energy, healthcare and semiconductors is increasing. A Korean
research team has developed a technology that can dramatically increase the recovery rate of precious metals from
waste. They developed a gold recovery process with the world's highest recovery efficiency of 99.9 %.

Source: https://phys.org

Portugal's Central Bank

Opens Its Vaults for Rare

Glimpse of Gold Bars

Portugal's central bank has opened up its heavily guarded vaults
in a small commuter town near Lisbon, giving a rare glimpse of
where some of the country's gold reserves are kept. Portugal has
the world's 14th largest gold reserve, with its value representing
the equivalent of nearly 10% of the country's gross domestic
product.

Source: https://money.usnews.com

World Gold Council Foresees Solid

Mine Supply Growth and Surge in

Recycling

The recently published Gold Demand Trends Q1 2022 report by the World Gold Council
(WGC) reviews the sector performance during the initial quarter of the year, along with
providing an outlook for the whole year 2022. According to the report, the average gold
price in dollars during the quarter was up by 5% over the quarter and year. The prices
were propelled to higher levels, driven by high inflation and elevated geopolitical risks.

Source: https://www.scrapmonster.com

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