Although cadmium is not a precious metal, there is money to be made recycling cadmium silver contacts.  (See “Recycling Silver Cadmium Contacts Can Give You a Big Payday,” a post we published on this blog in 2016.) 

If you’re buying and recycling scrapped precious metals, we have a piece of profitable advice for you today: Be on the lookout for silver cadmium scrap or unused components. There’s a lot of money to be made by recycling them, for several reasons. First, old industrial components made of silver cadmium are not difficult to find, because they have been used for years in many manufacturing processes. Second, with cadmium trading at about $12 per pound, a quantify of unused or recycled silver cadmium components can offer you a big return over what you paid for them.