This week Bloomberg BusinessWeek runs a whole chapter from Adam Minter's upcoming book "Junkyard Planet", which is coming out in November (but you can advance order it, as I have).
I've only gotten through about a third of the article, and I'm already pleasantly stunned. There's Johnson, the scrap man I know from my days at Electronicycle. He's a Chinese copper trader, who taught many of us in the e-scrap business much of what we know about the metal chemistry of many of the electronics parts and wires we get from de-manufacturing. Adam drove across the USA ("9,600 miles in 26 days") with Johnson in a rental car.
It's music to my ears, you could say. Music about settling accounts.

I've only gotten through about a third of the article, and I'm already pleasantly stunned. There's Johnson, the scrap man I know from my days at Electronicycle. He's a Chinese copper trader, who taught many of us in the e-scrap business much of what we know about the metal chemistry of many of the electronics parts and wires we get from de-manufacturing. Adam drove across the USA ("9,600 miles in 26 days") with Johnson in a rental car.
"It’s an essential trade. In 2012, China accounted for 43.1 percent of all global copper demand, or more than five times the amount acquired by the U.S. that same year. A modern economy can’t grow without copper. One way to get that metal is to dig holes in the ground; the other is from scrap. Since the mid-1990s, China has taken both approaches, with scrap accounting for more than half of all Chinese copper production every year (peaking at 74 percent in 2000). Because China is still a developing economy, it doesn’t throw away enough stuff to be self-sufficient.That's a brilliant explanation. I've got it here somewhere, I think to myself, tongue in my cheek... somewhere in my thousand blog posts, I've made that point.. probably repeatedly. But like the difference between a ten pounds of copper in one kilogram, or ten pounds of copper in ten kilograms, finding that information through my blog comes at a high price, and requires a lot of mental sorting (and there's that noxious burning smell in too many of my posts).
It's music to my ears, you could say. Music about settling accounts.




