The old copper wire buried underground is worth billions to telecommunications companies.

Reported 4 months ago

Telecommunications companies like AT&T, BT Group, and Orange are exploring the opportunity to recover and recycle old copper wiring, potentially yielding over 800,000 metric tons of copper worth more than $7 billion in the next decade. This move comes as copper demand is expected to increase significantly by 2040, and mining becomes more challenging and expensive. Companies like AT&T are scaling up their copper recovery efforts, with the potential for significant profits from extracting and selling recycled copper at current prices.

Source: YAHOO

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