China, as the world's most powerful industrial center, has so far processed only 2 percent of used electronics. However, things will change with the adoption of a new recycling plan.
The government of China intends to increase the percentage of use of scrap of smartphones and the rest of electronics to 85 percent by 2030. This is dictated by the fact that the electronics scrap (not including batteries and displays) contains at least 270 grams of gold, and in gold mining already 10 grams of gold per ton of concentrate is considered an excellent result.
China plans to get at least 19 billion dollars from processing.