How to make money recycling aluminum cans

So, how much are aluminum cans worth? Due to the light weight and smaller price tag, it does not move as much as the other, more expensive metals.

In fact, when compared with copper, lead, nickel, tin and zinc, it is the least expensive metal per pound. This is generally because it is also the most prevalent. As you can find aluminum in all of your cans, you are able to quickly and easily find aluminum just about anywhere.

How I Made $1, Collecting Soda Cans at Work

So, in order to receive much money for the aluminum can, you need to have a large amount. When trading in aluminum, feel free to crush the cans ahead of time to save space. Over the last 30 years, the average price of aluminum has been about 81 cents per pound. The data I used came from United States Geological Survey USGS.

Now, there is a mathematical way to roughly determine around how much you are able to receive for your cans.

How to Make $30/Hour Collecting & Recycling Aluminum Cans - MoneyPantry

With an average can weighing about grams or. Here is how that math works in case you want to use the price in the chart above:. A single aluminum, 12 ounce can weights around half an ounce. This means, if you have a 12 pack of cans, it is going to weight about 6 ounces in aluminum.

How to Make Money Recycling Paper (Magazines, Newspapers, Cardboard) - MoneyPantry

The most common places to return cans are:. With a little ingenuity and time you can really increase the amount you earn from your cans.

Below is a video detailing how to melt your cans down into ingots. Please bear in mind: Additionally, molten metal is very dangerous and only an adult should do this and do so carefully. First, it is important for you to understand that the price of aluminum does fluctuate. This means every single day it can vary a bit different. It does function like stocks, as people can invest in the different precious metals, but in general you really are not going to see any sort of major moves on a day to day basis.

There are some metals that do vary more significantly, such as copper, nickel and tin. These are three of the most valuable light and everyday metals. On top of this, you need to realize that when you take the aluminum in, you are not going to receive the same price that it is listed at. The scrap yard is going to have a buy price and a sell price listed. This simply is because the scrap yard needs to make money on the transaction, and this is not possible if it offers the same price as what aluminum is trading at.

If you have an aluminum can from a soda or beer, you might wonder what exactly you should do with it. Now, if you are in one of the states with a bottle deposit, you can receive a nice sum of money for your can compared to the melt value. With many these states, you receive five cents for returning the can. These states also have some of the highest recycling rates in the entire country, so it is worth looking into.

Here is a list of them:. Now, if you live in the state of Michigan, you receive the highest payback for any sort of bottle in the country, as every single aluminum can is worth 10 cents per can return.

Just remember that if you live near a state with a deposit, it is actually illegal to bring in outside cans for the higher deposits, so you cannot pull a Kramer and Newman from Seinfeld New York to Michigan aluminum can transport; as these guys found out.

Skip to content Skip to primary sidebar Skip to footer. Wealth Artisan Make money. ReloadFromP', , false, ['banger.

How Much are Aluminum Cans Worth? What is the Average Price for Aluminum Per Pound Aluminum Can Price Formula Where to Turn In Aluminum Cans for Money Selling Aluminum on eBay Scrap Yards Pay Less for Aluminum Cool Things to do with Aluminum Cans Bottle Deposits. Formula for price of aluminum cans: How To Make The Mini Metal Foundry https: Melting Cans With The Mini Metal Foundry https: The Michigan Deposit Bottle Scam https: Search Search this website.

More About Lifestyle How Much are Aluminum Cans Worth? Are My Auto Insurance Rates Affected By Other Drivers in My Household? This page contains content for which I may receive or have received compensation. We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.

Where we're going, we don't need roads. About Us We love helping people get from where they are to where they want to be. Pin It on Pinterest.

Share This Someone you know needs this information.