Recycling activity rose for a third year in a row in 2022, with the 3 percent lift taking the total to a 10-year high of 180.6 Moz. This was driven by the 7 percent rise in industrial scrap, which reflected an increase in the processing of spent E.O. catalysts. However, jewelry and silverware recycling had only marginal gains.
Material and statistics in this section were adapted in part from the Silver Institute’s World Silver Survey 2023.