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This is a list of prices of chemical elements.Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison.
How much is the aluminum in a can worth? Aluminum can prices vary by region and are based on weight. The average recycling value per pound of cans in the U.S. is currently $0.56.
US production of primary aluminum peaked in 1980 at 4.64 million metric tons. Since then, US primary aluminum production has fallen by more than half, but secondary production has increased, making up much of the difference. In the 1950s and 1960s, primary production made up about 80% of the aluminum output.
Another problem is the cost of materials that need to be added to the battery to avoid power dropping. Aluminium is still very cheap compared to other elements used to build batteries. Aluminium costs $2.51 per kilogram while lithium and nickel cost $12.59 and $17.12 per kilogram respectively.
LME Aluminium (or LME Aluminum in American and Canadian English) stands for a group of spot, forward, and futures contracts, trading on the London Metal Exchange (LME), for delivery of primary Aluminium that can be used for price hedging, physical delivery of sales or purchases, investment, and speculation. [1]
The recycling of aluminium generally produces significant cost savings over the production of new aluminium, even when the cost of collection, separation and recycling are taken into account. [21] Over the long term, even larger national savings are made when the reduction in the capital costs associated with landfills , mines, and ...