Management

Guide to Recycling Aluminum for Businesses

Knowing about recycling aluminium as a business is vital in any industry that deals with metals.

Over 5 million tons of aluminum are recycled in Canada and The U.S. each year. Businesses looking to make some money may want to look into recycling scrap aluminium or aluminium waste. 

Recycling aluminum is commonplace in most industries, and a massive secondary recycling industry exists because of how often metals are recycled. On a global scale, recycling aluminum doesn’t just mean cans or in a household setting. It’s a vital part of production worldwide. 

Knowing about recycling aluminium as a business is vital in any industry that deals with metals. From manufacturing to automotive, there are different options for recycling aluminium to explore. 

Why Recycle Aluminum

Aluminium is a 100% recyclable metal. Due to aluminium being so recyclable, it’s theorized that 75% of all aluminium ever produced since the 1880s is still in use today. People can continue to recycle the same aluminum forever without any problems. With its easy recycling and practicality, aluminum is everywhere. 

It’s even cheaper to use recycled aluminum than newly processed aluminum. A business can contribute to more affordable aluminum overall by recycling and also make money by selling scraps. 

How to Recycle Aluminium 

Knowing how to recycle aluminum is the first step to getting rid of scrap. When starting to get into recycling aluminum, there are a few things to recognize: the price of scrap metal, who recycles aluminum, and transportation costs.

Price of Scrap Aluminium 

Recycling is standard for most companies because metal costs add up quickly, and making back even some cash for scrap is an economical choice. The amount a company can make selling aluminum for recycling will vary. 

There’s a high demand for scrap aluminum globally. This trend will likely continue in the future. Due to the market and China capping their production of new primary aluminum, recycling is at the forefront of many industries. 

When selling for scrap, 1lb typically sells for anywhere between 45 cents to 80 cents, depending on location and buyer. Calling a few different scrap metal buyers for quotes will ensure the best possible price. 

The production of aluminum changing on the world stage will likely affect its price going forward in a big way. Keeping up to date with trends in metal recycling will also be a helpful step in securing the best rates for aluminum scrap metal. 

Who Recycles Aluminum

Aluminum can be recycled in different regions by the local government in small amounts, like aluminum beverage cans. Waste management will recycle this metal at a regional facility, and not every area will have a facility to process and recycle the metal. 

Many local governments don’t adequately recycle materials and either ship them overseas or dump them in a landfill. 

 For large quantities of aluminum, call and ask about bulk rates. Different types of aluminum will have different rates. These include beverage cans, thicker sheets, and rims. 

For major businesses looking to sell aluminum for recycling, some large corporations can get the job done efficiently. 

Transportation

Transportation costs should be considered when looking to recycle mass amounts of aluminum. A substantial portion of metal will likely require forklifts, trailers, or other transportation costs. Workers will need to transport it, and there will also be additional fees like gas. 

Choosing a nearby scrap buyer is the best place to start. Either a regional operation or a nearby branch of a major company will work. 

Some buyers will pick up the metal themselves if the load is oversized. For scrap appliances, machines, auto parts, or even aerospace components, this will likely be a significant benefit to consider. 

Wrapping It Up

Overall, recycling aluminum isn’t new. It’s a well-established practice and process that have been a dominant part of some industries for over a hundred years. 

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