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Commodity price slump makes recycling uneconomical

Posted on 18 April 2016

Collapsed global commodity prices for metals, paper and crude oil mean the materials households and businesses dutifully place on curb sides are increasingly not worth the cost of collecting.
Everything from used plastic milk bottles to pizza cardboard and even the family car cannot be converted into raw materials at a price low enough to compete with the worldwide flood of cheap iron ore, oil and other commodities, says the Australian Council of Recycling, the $14 billion industry’s peak body………………………………………..Full Article: Source


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