How Much is Iridium Chloride Recycled for in Precious Metals Trading?

Iridium chloride serves as an important chemical catalyst and a raw material for preparing other iridium reagents. What constitutes its recycling price? If you are interested, take your time to read through.

Iridium chloride is a precious chemical substance because it contains the element iridium, thus naturally fetching a high recycling price. Let’s talk about the main point of Precious metals trading, which is the recycling price of iridium chloride. The recycling price of iridium chloride is calculated based on the latest iridium recycling price of the day and the iridium content in the iridium chloride.

Let's assume the recycling price of iridium today is $112 per gram. So, how do we calculate the recycling value of iridium chloride? First, we need to know how much iridium is in the iridium chloride. For instance, if a sample of iridium chloride contains 50% iridium, then the theoretical recycling value of this sample would be $56 per gram.

However, the actual recycling price may be lower than this theoretical value due to the cost of losses during the recycling process, as well as the costs of chemicals and labor used in the process. With this, we conclude this issue, hoping it has been helpful to everyone.