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Old September 7, 2012, 04:05 PM   #7
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Join Date: January 19, 2007
Posts: 2,623
Free Market

I just toured a huge recycling facility for work, and they were loading flattened 2-liter soda bottles into shipping containers. I asked where they were headed. "China" was the answer. All those container ships head west full of recycling, including metals.

I used to work in the industrial battery business, and when China's economy heated up the price of lead went up pretty quickly, and stayed high. I did a lot of my monthly income in scrap batteries, 45,000 lbs at a [email protected] 6.5 cents a pound. Buying scrap lead at inflated prices is often way cheaper than starting a new mine somewhere.
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